Looking for a warehouse in Australia can be difficult for a task. Since many companies have already established their roots in the capital, it could be a challenge for new companies to acquire a warehouse at a prime and strategic location. However, this does not mean there is nothing left for new and emerging companies. If you know what you are specifically looking for, you may not have to struggle to find a good warehouse for lease in the area.
The common mistake Sydney businesses make that make it hard for them to find a good warehouse for lease is that they are not sure what they are looking for. This rookie mistake can be problematic for companies that have little to no experience in leasing a warehouse in Sydney. While it is advisable to consult with a real estate company, it is strongly recommended to at least know the ins and outs and the ropes of leasing a warehouse so as not to get lost in the process.
This article will give you several basic tips and advice on how to find a good warehouse that you can use for your business’ benefit.
Identify what your business needs – Before anything else, your first move is to figure out what your company needs. By doing this, you will have an easier time locating a warehouse that will suit your company’s logistical requirements. For example, if your business will need the services of Maxi-Tankers, then the warehouse should have adequate fire safety protocols and equipment. After identifying these factors, you can now decide what type of warehouse to lease. For example, if you need a bigger space, then you should look for warehouses that offer such space. It all boils down to strategic planning.
Set your budget – The type of warehouse you can lease is relative to your company’s budget. Hence, it is important to set your budget before going for warehouse hunt; this will save you time and effort. You should know how much money you can allot for warehouse lease in order to come up with a realistic budget. You should also factor in other related expenses to leasing a warehouse, such as workers’ salary, trucking-related expenses, additional equipment, insurance, among others. By doing this, you can come up with a fairly accurate budget, which will help you find a good warehouse in a shorter span of time.
Get professional assistance – Not unless you have formal background and training in real estate, it is strongly recommended to get the help of professionals when looking for a warehouse to lease. Real estate professionals will help you find warehouses that will suit your company’s needs and the nature of business. However, you have to make sure that you hire reliable and experienced real estate agents because you don’t want to waste time and money on inefficient agents, which will only delay your plans.
Inspect the location first before committing – When your agents recommend you a warehouse for lease, do not hastily commit into leasing it. Before signing anything, make sure that you and your team have thoroughly inspected and scrutinized the warehouse. Check if the warehouse’s size, layout, location, and the price will compliment what your company needs. This is important if you would need on-site refuelling services of Maxi-Tankers because you would need a space where the trucks could park.
Leasing a warehouse should not be an obstacle for your business; instead, you can use it as an opportunity for business’ learning curve. While you may have relatively limited options as far as location is concerned, you can be certain to find a good deal provided that you plan ahead.