Sunday, May 19, 2013

Tips for Renting a Commercial Warehouse


Today’s rising economy prompts commercial tenants to look for cheaper commercial warehousing options. If you too are considering this move, here are some tips worth knowing as at times, a cheaper option may or may not be the best option in corporate logistics.


First of all, you should read and understand your lease to prevent problems and inconveniences. This means you have to check for points like notice periods in the lease and find out if any notice should be given when moving out. In some cases, not giving the required notice only ends up with you having to pay extra rent, which ends up an unnecessary expense for you.


Get the lowest rent


Negotiate for lower rents as most landlords lease their properties as business and thus in the process, make pragmatic decisions. They may prefer letting their premises to you, who is a reliable and familiar tenant for a lower rent instead of renting their premises to a new and unfamiliar tenant.


Moreover, they consider it better receiving a low rent from you instead of leaving their commercial warehousing premises empty till they find a new tenant for the property.


Thoroughly read and understand your lease regarding insurance rates, electricity, gas, building insurance and about using NYC crane and NYC rigging services, if you require them. Sometimes, some of all of these remain your responsibility and in some cases, these costs are included in your warehouse rent.


Be careful using the warehouse



Be careful while using the commercial warehouse you rent as any dilapidations in it can be expensive for you. You should be especially particular about leaving the premises the condition it was in when you first rented it.


To prevent complications and arguments on leaving the warehouse, it’s better to have a detailed written assessment of the condition of the warehouse when you move in. if possible, also take some pictures, with the date enforced in it so that you will not be blamed for any dilapidation that first existed in the warehouse.


In the unfortunate case you have to pay for some dilapidations on moving out, negotiate the amount with the landlord. If possible, make or arrange for making the necessary repairs as this works out much cheaper for you than having the landlord take care of it.


Moreover most landlords prioritize on having good standard work carried out on their premises after repairs and don’t worry much about the bill amount. With the help of these points, commercial warehousing renting seems so much easier and faster. There are no risks to be taken, and you know you have safely and securely chosen and hired the right warehouse for storing and shipping your goods.