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7 Important Tips when Leasing Industrial Space | FWS

Home7 Important Tips when Leasing Industrial Space | FWS

Warehouse and industrial shed space can range from storage and manufacturing to distribution. Each industrial space has its own requirements and obligation so it’s vital to know the utilization of the power and do detailed inquiries with listing agents or owners to make sure the warehouse or godown meets your need.
Below are the important tips to think about before you lease a warehouse or industrial shed space.

1. Ventilation and air-con (HVAC) — the foremost major thing we’d like once we planning for an industrial shed or any warehousing space. The foremost of the economic buildings aren’t delivered with full building HVAC. If the landlord prefers to have it each tenant is liable for the installation of their own HVAC unit. In many cases, you finish up leasing a warehouse space that was previously leased by somebody else and that they had installed and used a HAVC unit. We don’t know that renter had properly maintained the unit so attempt to avoid assuming responsibility for the neglected unit.

Negotiate with the owner that you simply can pay for a HAVC maintenance contract to stay the prevailing HAVC unit. If it required major repair or replacement then the landlord should be responsible.

2. Square Footage: you’ll find some landlords will calculate square footage differently. Ideally, you’ve got to buy usable square footage which is that the actual space you occupy. Sometimes, the owner calculates the world beneath the building’s drip lines and a few will prefer to calculate from the surface of the wall vs the centre or inside.  

3. Parking Area: parking lot requires lot maintenance and a few owners want that tenant to buy that. Parking maintenance is a future expense and a part of the longer-term property calculation. Confirm parking lot access before finalizing the leasing land space. Does one get to be ready to park trucks or vehicles overnight? If yes, then confirm you’ve got access to this.

4. Loading Areas: does one have products to delivered or picked up via heavy trucks or wheeler? If yes then you would like dock-high loading and a large enough truck court. Make sure, industrial shed has what you would like or install what you required for the loading zone. Trailers and trucks wont to be 45ft which suggests you would like a minimum of a 120’ turning area. Older industrial properties might not be ready to accommodate this.

5. Ceiling Height: If you would like to stack products or equipment, confirm you recognize how high you’ll go. Typically, heights range from 18ft to 25ft. Before leasing the economic shed, confirm you recognize how high the ceiling is.

6. Insurance: Insurance is extremely important for top value leases and properties. it’s not usually addressed in an Indian lease contract. The insurance agreement must be reasonable and satisfied. Must be reviewed by both the tenant’s and the owner’s agent.

7. Floor Load: what’s the ground load for the concrete slab vs what your intended use will be?

These are basic but vital things that need to be carefully evaluated before you signing an industrial shed or warehouse on rent. If you’re in search of a commercial warehouse for rent in Delhi NCR or North India, then you’ll contact us.