Top considerations when renting an industrial unit

Looking for a new business premises but not sure what you need to be looking out for? Read our key factors to consider below…

Choosing the right industrial unit is crucial for businesses looking to expand, relocate, or establish operations. A well-suited space can enhance productivity and support long-term growth.


To ensure you make the best choice, there a number of factors that you need to carefully consider. Let’s dive in…

Businessperson handing over keys following signing an agreement
Top considerations when choosing to rent a industrial unit for your business premises

What to consider when choosing an industrial unit for your business

Location

Location plays a vital role in the success of any industrial operation. Consider proximity to suppliers, customers, and major transport links like motorways, railways, or ports. A location that minimises logistics costs while offering convenient access for employees is ideal.

Also, evaluate local amenities and the availability of a skilled workforce. For some businesses, being in an industrial cluster or near similar industries can offer networking and collaboration benefits.

Size and layout

Choosing the right size and layout is essential. A unit that is too small may stifle your operations, while one that is too large could waste resources. Assess your storage, production, and operational needs carefully. Look for a layout that allows efficient workflow, with considerations for machinery placement, assembly lines, or storage racks.

Scalability is another key factor – ensure the space can accommodate potential growth without needing frequent relocations, but not something so large (and costly) that you’re unlikely to grow into.

Budget and costs

Your budget is about more than just the monthly rent. Consider all associated costs, including utilities, maintenance, insurance, and business rates. Ensure the total cost fits within your financial plan without stretching resources too thin.

Key features to look for

When evaluating industrial units, ensure they meet essential criteria:

  • Loading and unloading areas: Adequate space for trucks and deliveries is a must.
  • Ceiling height and floor capacity: Check if these specifications align with your equipment and storage needs.
  • Security features: Look for CCTV, alarms, and secure locks to protect your assets.
  • Lighting and ventilation: Ensure the unit offers a safe and comfortable working environment.

Additional features like parking facilities, break areas for employees, and access to reliable utilities can also make a unit more appealing.

Lease terms

Understanding the lease agreement is critical. Pay attention to the lease duration, renewal terms, and any break clauses. Determine who is responsible for maintenance and repairs and clarify policies on modifying the space to suit your operations.

Short-term leases may offer flexibility for growing businesses, while long-term leases can provide stability and potentially better rates.

Compliance and regulations

Ensure the unit complies with all relevant regulations, including zoning laws and health and safety standards. This is especially important if your operations involve hazardous materials or heavy machinery. For businesses prioritising sustainability, look for environmentally friendly features like energy-efficient lighting or waste management facilities.

Futureproofing

Think about your long-term needs when renting an industrial unit. Does the space have room for growth? Is the infrastructure modern and adaptable? Units with energy-efficient systems or smart technology capabilities can support evolving business demands and help reduce operational costs.

Questions to ask before signing

To avoid surprises, ask the landlord or agent these key questions:

  1. What is included in the rent?
  2. Are there any restrictions on modifying the unit?
  3. Who is responsible for repairs and maintenance?
  4. Are there additional costs beyond rent and utilities?
  5. Is the unit insured, or do I need to arrange my own coverage?

Ready to find your industrial unit?

Renting an industrial unit is a significant decision that can directly impact your business’s efficiency and success. By considering location, size, costs, features, and future needs, you can find a unit that supports your operations and growth plans.

Taking the time to evaluate options carefully ensures you make a choice that benefits your business now and in the years to come.

Does your business require an industrial unit to let near Peterborough, Stamford, and Bourne? Discover King Street Industrial Estate, a fantastic site that has been a breeding ground for many incredible small businesses. Keep an eye on our webpage for listings industrial units to let.