Essential Factors to Consider Before You Lease a Commercial Warehouse
If you want to lease a commercial warehouse, then you should understand that there are a number of things you should keep in mind before you sign any lease agreement. Warehouses play a significant role in the economy because they keep businesses going on.
Before you lease a warehouse property in Long Island City, you must carry out extensive research and plan correctly because a simple mistake can cost you a lot. The following are some of the crucial factors that you should consider before you sign a warehouse lease.
- Accessibility
The most important factor you should put in mind when looking for a commercial warehouse is accessibility. How accessible is the warehouse? Can you store your goods and get transport? A good warehouse should be spacious and allow vehicles to easily get inside and outside. The warehouse should also be spacious enough to accommodate the equipment and trucks that are used in moving goods. Before you sign any agreement, you should also confirm if you will be permitted to bring and park heavy trucks inside.
- Cost
Cost is a key concern when leasing a commercial warehouse. Some property firms tend to overcharge unknowledgeable tenants just to earn some extra cash. Others also hike their process by offering added and unnecessary attachments to the fee. You should do your research and look for warehouses that charge fair prices. Again, it is best to avoid cheap warehouses as they may have unknown issues such as a high level of insecurity or pests’ infestation.
- Heating and ventilation
Whether you need to lease a warehouse for distribution, storage, office space, or manufacturing, you must ensure that the warehouse is well ventilated and has a heating and cooling system installed to help regulate the room temperatures. You wouldn’t want a case where all your perishable goods get damaged by too much heat or have your employees suffocating from heat and dust. All you have to do is to inspect the warehouse and ensure that everything is in good condition.
- Maintenance
Before you sign that lease agreement, you have to know who will be responsible for maintenance. Some property firms such as warehouse property in Long Island City are responsible for their warehouse maintenance while there are warehouses where the tenants are responsible for maintenance. If you are the one who will be responsible for maintaining the warehouse, then you need to plan your budget effectively. You should also consider if there are other additional operational costs.
- Zoning regulations
You should also know how the property you intend to lease can be used. Other than storage and distribution, there are also other things you can use the warehouse, such as manufacturing or use it as a venue for concerts. You need to ensure that the zoning regulations in the area allow you to hold such unconventional services before you sign an agreement. Failure to do that can land you into trouble with the authorities, or it may lead to penalization.
