20 ads for industrial units to rent in Commercial Property
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What should I consider when assessing the suitability of an industrial unit for my business?
Consider factors such as the unit's size and layout, its proximity to transport links and suppliers, the availability of parking, the loading bay facilities, and the height of the ceilings. Also, assess whether the power supply and other utilities meet your business's needs. Check the condition of the building, including the roof, walls, and flooring, for any signs of disrepair.
What are the typical lease terms for industrial units in Birmingham?
Lease terms can vary, but typically range from 3 to 5 years, sometimes longer. Shorter leases may be available, but often come at a higher rental rate. It's important to negotiate terms that align with your business plan and projected growth. Be sure to understand the break clauses and renewal options within the lease agreement.
What legal requirements should I be aware of when renting an industrial unit in the UK?
You need to be aware of several legal requirements, including compliance with the Regulatory Reform (Fire Safety) Order 2005, ensuring the property has a valid Energy Performance Certificate (EPC), and adhering to all relevant health and safety regulations. You are also responsible for business rates. It's advisable to seek legal advice to ensure full compliance.
What are the common additional costs associated with renting an industrial unit?
Besides the rent, you'll likely need to budget for business rates, service charges (covering maintenance of communal areas), utilities (electricity, gas, water), insurance (building and contents), and potentially security costs. Factor in legal fees for reviewing the lease agreement and any costs associated with fitting out the unit to suit your business needs.
What safety considerations are important when operating in an industrial unit?
Prioritise health and safety by conducting regular risk assessments, providing adequate training to employees, and ensuring all equipment is properly maintained. Install appropriate fire safety equipment, such as fire extinguishers and smoke detectors, and establish clear emergency procedures. Be mindful of manual handling risks and ensure safe storage of materials, especially hazardous substances. Compliance with the Health and Safety at Work etc. Act 1974 is crucial.
