Top Factors To Consider When Leasing A Commercial Warehouse
If you are considering renting a warehouse instead of buying, then you need to understand that there are several things you should have in mind before you sign that lease agreement. Warehouses play a crucial role in the economy since they keep industries or factories running.
Before you rent industrial property Greenpoint, you need to do thorough research and plan correctly because one single mistake can turn out to be quite costly. Here are some of the important factors you need to consider before you sign that warehouse lease.
One of the most important factors you should consider when looking for a commercial property is how accessible space is. Is it easily accessible? Can you easily transport your goods in and out of the warehouse without any hitch? Do you need to take your pick of ladder and platform equipment so that employees can access all areas of the warehouse? A great warehouse should have enough space to accommodate machinery, trucks, and equipment used in the warehouse. Remember to confirm whether or not you will be allowed to bring and park heavy trucks within the vicinity of the warehouse. Similarly, you should also make a note of any Material Handling Systems that are already in place. If it turns out that you need additional support with your distribution operations then reaching out to a team of material handling consultants can help you to plan your next steps.
The cost will also play an essential role when you want to lease an industrial property in New York. There are property firms that usually overcharge uninformed tenants just to earn a few bucks. Other firms also hike their process by offering unnecessary or extra attachments to their fees. So you need to do your research and look for a warehouse that charges reasonable fees. Additionally, you shouldn’t go for cheap warehouses because they may have hidden issues such as pests’ infestation or a high level of security. While the initial price will be cheap, these hidden issues may cost you more money than you never expected.
Before you the lease agreement, you need to know who will be responsible for maintaining the warehouse. There are property firms that ensure the maintenance of their warehouse, while others hand the role of maintenance to their tenants. If the warehouse maintenance is solely your responsibility, then you need to plan your budget accordingly. Maintenance isn’t just about keeping the warehouse clean, you need to keep it organised and ready for inspection at any time. For example, ensuring that you have your warehouse labeling up to date will save time and look smart. You should also consider any additional operational costs that may be included.
- Heating and ventilation
Whether you are leasing a warehouse for office space, storage, manufacturing, or distribution, you need to confirm if the warehouse is adequately ventilated and have a heating and cooling system that’s functional, to help regulate the temperatures of the room. Of course, you don’t want a scenario where all your perishable goods can be damaged by too much heat or have your workers suffocating from dust and heat. So the best thing to do is to inspect the warehouse, and ensure that everything is in perfect condition. Such a regular inspection could be carried out with the help of professional assistance providers of commercial HVAC services (for example, Total System Services). A regular inspection and maintenance enable to find out repairs at an early stage and thus helps in up-keeping the building.
Before you lease the warehouse, you need to know how the property you are leasing can be used. Warehouses can be used for storage, distribution, manufacturing, venue for concerts, etc. So you should confirm if the zoning regulations in the area permit you to hold whatever you are planning to use the warehouse for. That way, you will avoid any trouble with the authorities.