Whenever your company is looking out for an industrial space such as a warehouse or factory, you may need to know certain details in order to be effective in sourcing for the right industrial space.
Size
Most importantly, you will need to know the size of the space that your company is looking out for as there are various sizes of warehouses and factories in the market. This is probably one of the most basic but yet important information when looking out for a suitable space.
Price Range
The next piece of information that your company will require will be the price range or budget which is also important to know as you would probably want to save time by looking for the right industrial space according to your company’s requirements but yet is within the acceptable price range or budget. Just like how some companies sometimes do budgeting on a yearly basis, it is also good to have a realistic budget or price range when looking out for a suitable warehouse or factory.
Location
Another thing that your company would need to know would be the location that your company is looking out for. Of course, the location that your company is looking out for should be within your company’s price range and not over budget. Generally, more centralised location tend to command higher rental rates due to the higher demand and greater convenience. Hence, it is important to be realistic and look for something which is within reach.
Specifications
Perhaps, the next thing that you would want to know will be the specifications required based on your company’s operational requirements such as trade or business requirements, ceiling height requirements, power supply requirements, floor loading requirements, accessibility requirements etc.
While these details are important when looking out for a suitable industrial space, there are also many other types of technical details that you may also need to know in order to be able to find the right type of warehouse or factory based on your company’s requirements.