Industrial space for sale and rent is available all over the country and internationally, but your needs when it comes to real estate will vary depending on your industry and organization. The needs of supply chain, manufacturing, distribution and other sectors are very different, and industrial space for sale Singapore experts understand and address that with you. Our team develops innovative and personalized solutions designed to get you the savings you need, the property you want and the solutions that make sense for your organization.
Industrial space for sale Singapore professionals appreciate that industrial real estate is the core of the global economy and know how important it is for you to find the right industrial or warehouse space for sale or lease. The right space can offer you enough room to grow, can help you set up your organization in the most efficient manner possible and can help you minimize risk and costs. Property can help you expend your product or service line, enter a new market and brand your company. It has a direct impact on potential future profits and your bottom line.
Are you looking for affordable business or industrial space which shall be suitable for your business in more than one way? It is easy to find an appropriate industrial space rental for your business – however, you have to be a little careful when you are selecting such space, so that you get a true value for money. There are some factors which you need to consider when you are choosing industrial space for sale Singapore.
You should check the security of any industrial space when you are looking for rental purpose. This is important because you will be stocking all your expensive heavy equipment and documents. Hence, it is important that the place is secure, not only from theft but also from environmental hazards such as hurricanes, cyclones, earthquakes and even floods, if the area is prone to such disasters. If the space available does not offer you adequate security arrangements, you will have to spend some money on such factors which shall certainly not be economical. Thus, it is important to choose your industrial space keeping in mind such factors.
Set up costs –
You have to check if the rental space is suitable for office setup or for residential purposes. This is one of those things which most of us ignore. Owners often do not let the buyers know that their space is suitable for which purpose – they often present residential properties as spaces and vice versa. If you happen to take a space meant for residence, for your industrial purpose, you might have to incur a lot of set-up costs. These costs relate to setting up of furniture, electronic equipments and other items which are necessary to carry out operations.
Do not forget to check out more on the location of office rental space. The location has a major role to play in peaceful operations. You should not rent any place in a location which is located in a serene location or a secluded location, because such a place shall not be safe for your business.
Before you finalize any industrial rental space, it is important that you know about the rental rates prevailing in the region. Before you make the payment, you can check industrial spaces which are available, their features and the rents charged by such owners. It is best to compare different rates before you finalize your rent and make payment. This shall also ensure that you are not cheated.
Rent of other spaces –
It is prone to thefts and other problems. Moreover, if your industrial space is located in a remotely connected area, your staff and resources shall have a very tough time in commuting from one place to another. Moreover, they have to incur a lot of expenses and hassles too while traveling which in the long run, slows down their effectiveness co working space.
First of all, estimate the number of workers you need for your business. Then, allot square feet for each person. For secretary, you may need a smaller working area and for higher rank of workers, they may need a bigger space. Then, sum up the area needed for all your staffs. Remember to include around 10% of space to cater for near future expansion. There are lots of things to be considered before you rent an industrial space. Besides the facilities surrounding that location, your industrial area is also important.
You will have to consider a lot of options before buying an industrial space. One needs to follow and have to consider a lot of options before buying industrial property. You need bigger space for your industrial property but industrial property are costlier if the space is bigger. So while buying industrial property you should communicate with the commercial agents and should be very careful about the authenticity of the commercial agents so that you are not in any way cheated. There are too much of duplicity in the market of real estate and therefore you need to be very careful while dealing with the industrial agents.