10 Things Every Business Should Consider Before Renting an Industrial Unit

Industrial units are the backbone of any business, providing space for production, storage, and distribution of goods. They help a business operate efficiently and meet consumer demands by providing a large amount of storage space that acts as a ‘blank canvas’, making them adaptable to a range of business needs.

Every business has unique needs, and investing time into finding the right space can lead to improved operations and long-term success. Choosing a suitable space for your business can make a huge difference in success and growth. Whether you are a small start-up or a well-established business looking to expand, industrial units are the perfect place to maximise available space. We understand that choosing the right industrial space is an important decision, and there are several factors to consider. To make your decision easier, here are ten key factors to consider before making the final decision.

• The warehouse size

It is essential that the industrial unit’s size aligns with your business needs. Considering storage requirements, production, and any special amenities will ensure an efficient operation.

At M54 Space Centre, we offer industrial units ranging from 300 sq ft to 4900 sq ft. The perfect size for a business about to launch or a well-established business needing to expand its space.

2. Warehouse location

The location of your industrial unit must be easily accessible to your supplier, clients, and employees. It is also important to consider transportation hubs and major roads as they can greatly impact your logistics and operations.

Here at M54 Space Centre, we are situated on Halesfield Industrial Estate and Business Park, just off the M54, which means we’re ideally located not just for operations in Telford, but also for deliveries and large loads coming into the warehouse.

3. How you will use the space

How you plan to use the space affects the practical, legal, and financial aspects of the lease. It is important to contact the premises owner and check what is allowed within the premises.

4. Access

Determining how heavy loads can enter the building is important to consider. The majority of occupiers require vehicle access for deliveries and unloading, so the unit’s access will determine how smoothly the operation runs. It is important to work out whether the industrial unit has a large enough yard for loading and unloading. Is the access road wide enough for large vehicles? How easy are the access roads to get down?

5. Security

Having on-site security means your products are protected at all times. This is important as damaged or stolen goods can result in significant financial loss. Ensuring 24/7 security provides your business with valuable protection and peace of mind.

At M54 Space Centre, we provide on-site security to ensure all products are protected 24/7.

6. Future growth

Establishing whether there is space for potential expansions is critical. Where will your business be in 3 to 5 years from now? Is the space suitable for your business today and within 5 years? Will it work with a larger team? Considering the possibility of expansion will benefit you in the long run.

7. Environmental considerations

It’s crucial to confirm that the industrial unit is free of poor environmental conditions, such as inadequate ventilation, contaminated land, or nearby pollution sources, as these issues can pose significant risks to employee health and safety.

8. Transportation links

Understanding how your goods will be transported is always important, and the best way to determine this is to look into the transportation links around the industrial unit. Solid transportation links can affect operational costs, efficiency and the ability to deliver goods to customers. It will also improve employee access to the workplace.

9. Power and utilities

Large industrial units consume a significant amount of electricity, so it is important to ensure there is sufficient voltage before moving into space. You should also double-check the availability and condition of essential utilities, such as water, gas, and others.

10. Conditions and upkeep

The building itself must be in good condition, any structural or maintenance issues will require valuable time and resources to fix. This means you invest time in fixing things instead of running your business.

At M54 Space Centre, our industrial units are refurbished to a high standard, so there is no need to invest in interior improvements, as we have already taken care of that for you.

Finding the right industrial unit is important for any business. Even though they are not revenue-generating activities, they still enable a company to carry out its tasks, whether that’s deliveries, running services, or providing solutions. They help get essential tasks done. They enable a business to perform the core functions necessary to generate revenue, such as manufacturing goods and managing inventory. They also feature high ceilings and roller shutters, which are beneficial for large amounts of stock and heavy loadings entering the unit.

There are several factors to consider when renting industrial units. Here at M54 Space Centre, we have industrial units that tick many of your boxes. If you are looking for an industrial unit in Telford, please contact us today.