Selecting a Rental Warehouse: Key Factors to Consider
Finding the perfect warehouse for your business can be a daunting task. Here are some key factors to consider when making your decision.
Firstly, the location of the warehouse is crucial. It should be situated in a safe area with good access roads to minimize delivery delays and ensure undamaged product arrival. Additionally, having the warehouse close to your office or storefront can save on transportation costs and time.
The size of the warehouse is another important consideration. It should be big enough to accommodate current needs but not too large to waste space and cost unnecessarily. Future needs should also be considered to avoid outgrowing the space too quickly. Mezzanine space should be asked about if there is a possibility of needing it in the future.
The amenities included in the lease can significantly impact the cost and functionality of the warehouse. Amenities may include office space, loading docks, security systems, sprinklers, climate control, and more. The importance of considering what amenities are included and whether or not they are worth the additional cost cannot be overstated.
The price of the warehouse includes not only the monthly rent but also utilities, taxes, insurance, and other fees associated with the property. Utilities costs include electricity, gas, water, and sewer. Property taxes on the warehouse will be passed on to the tenant. Other fees associated with the property may include CAM charges (common area maintenance) that are typically passed on to the tenant.
Insurance is necessary to ensure the contents of the warehouse in case of damage or theft. It's advisable to read over the fine print of the lease carefully and have a lawyer look at it before signing. The lease terms should be carefully considered, including length, rent, and any additional perks. The lease should not hold the tenant responsible for any repairs or maintenance on the property.
When comparing different warehouses, it's essential to obtain a comprehensive breakdown of all costs associated with each property for fair comparison. In Germany, the cheapest rental prices for storage space can be found in smaller or less central cities such as Pforzheim, Dresden, and some areas near Cologne. Larger cities like Hildesheim may have higher commercial storage costs.
In conclusion, choosing the right warehouse involves careful consideration of various factors. By keeping these points in mind, you can make an informed decision that best suits your business needs.
