4 worst mistakes we should avoid while renting a warehouse? - PowerPoint PPT Presentation

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4 worst mistakes we should avoid while renting a warehouse?

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When you’re going to take a warehouse in chennai for rent, you need to be careful to avoid making any mistakes that could cause problems down the line. There are a few things you should keep in mind when you’re looking for a warehouse for rent in chennai, and we’ve outlined four of the worst mistakes you can make while renting a warehouse in chennai. – PowerPoint PPT presentation

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Title: 4 worst mistakes we should avoid while renting a warehouse?


1
4 worst mistakes we should avoid while renting a
warehouse?
2
When youre going to take a warehouse in chennai
for rent, you need to be careful to avoid making
any mistakes that could cause problems down the
line. There are a few things you should keep in
mind when youre looking for a warehouse for rent
in chennai, and weve outlined four of the worst
mistakes you can make while renting a warehouse
in chennai.
  • Worst mistakes you can make while renting a
    warehouse in chennai
  • 1. Location Real estate is all about location,
    location, and location. Whenever you look for
    Renting a Warehouse in Chennai look for a
    location that has
  • Good access from the highway
  • Public transport
  • Basic social good infrastructure
  • Good roads
  • Water facility/ sources
  • Easy entry and exit

3
Logistics defines your location Being accessible
is one of the fundamental requirements for
choosing a property for a storage facility. For
example in the case of Chennai, a location for an
E-Commerce distribution center alongside
Poonamallee is considered central is highly
preferred due to ease of access to multiple zones
from there Raw Material The first and most
important aspect that goes into choosing a
property is to identify from where and how your
raw material will arrive. Raw materials may
arrive by road, rail, air, or by seaport.
Depending on these, it is advisable to choose a
location to ensure that the procurement/ arrival
of raw material is made easy. For example, for a
thermal power plant, it is imperative to be close
to a seaport if the coal arrival is by
ships Demand Supply factor of your produce/
product/ service The consumption (demand) factor
needs to be considered when choosing the location
of a property. The supply could be for local or
domestic consumption or export and this should
define the ease of supplying the material as per
the demand enters.
4
  • The demand zones play an important factor in
    determining the location of a warehouse. For
    instance, an e-commerce giant has a hub in the
    heart of the city in Chennai at MKB Nagar as it
    can easily cater to most of its high-demand areas
    across several zones.
  • 2. Size A basic understanding of the size needed
    is very essential when you look for a warehouse
    for rent in Chennai. A storage facility that is
    too small will be cramped and will be uneasy to
    manage. A very large property will be wasting
    space and also will be a financial drain on
    unutilized space.
  • The shape of the warehouse should make it
    efficient to utilize. The outer open areas should
    have some state-of-the-art landscaping, parking,
    good driveways. Optimum size is required to be
    taken into account so that rentals are saved on
    wasteful spaces and yet space is not less for
    manufacturing/ processing/ storage etc. We need
    to plan and calculate spaces for
  • Common parameters Loading and unloading area
    Flow of material (ease of) Processing space
    movement of men and machines Office space/
    meeting rooms/ cabins/ dining areas/ waiting
    areas etc Restrooms/retiring rooms/ security
    rooms/ toilets/ first aid room etc External
    areas for parking for staff vehicles and heavy
    vehicles Setbacks for fire engine movement/
    water sewage facilities etc

5
  • Warehouses for rent in Chennai has high demand
    material will naturally mean a huge amount of
    stocks being stored. This thus dictates the size
    of the warehouse required apart from the above
  • Manufacturing It is important to consider
    sufficient spaces for storage of raw material,
    line of manufacturing, and storage of finished
    goods.
  • 3. Budget Businesses have certain
    affordability. It is important to understand
    where the goods are coming from and where they
    are going. Last-mile transportation can be very
    expensive and therefore for retail and multiple
    deliveries it is imperative to be closer to the
    city and pay more.
  • For lesser frequent deliveries and larger
    packages, it may be more economical to pay lower
    rents away from cities. Properties that are
    better located with better facilities will
    command a higher rental and those that are built
    for a particular (customized) use will command
    even higher rentals. The rentals depend on
    factors such as

6
  • Location a location closer to the city/ demand
    center will command higher rentals
  • Quality of the structure/ property depending on
    age and suitability, the rental will vary
  • Specifications A property with better features
    will command a better rental detailed in
    another document
  • Internalgood Infrastructure available within the
    property
  • Demand and Supply A location where demand
    outstrips supply will command a higher rental
  • 4. Height It is important to use a warehouse in
    cubic feet rather than in square feet and height
    at the eaves or side height could help to stack
    and to rack and make your warehouse in Chennai
    highly efficient financially. A floor height of
    1.2 meters is needed for sheds where the material
    is delivered by trailers and container vehicles
    which lower dock height is needed for delivery
    using smaller vehicles
  • 5. Shutters, docks, and dock doors To enable
    faster and more efficient movement of goods into
    and out of your warehouse for rent in Chennai, it
    may be important to have more dock doors and have
    them at the right locations to enable multiple
    vehicles for loading and unloading at the same
    time to enable warehouse services

7
  • 6. Safety parameters A state-of-the-art
    warehouse for rent in Chennai should have all
    approvals in place. NOCs including Fire NoCs etc
    should be in place. Following government norms
    ensure the safety of occupants and goods and
    material. Fire hydrants, sprinklers, emergency
    exit doors save money and problems though
    expensive initially.
  • 7. Financials, Market intelligence the right
    people to work with A warehouse in a new
    location means that you need to know the right
    price to pay as a rental. Market intelligence on
    local problems and issues will save you the wrath
    of problem creators. Always choose a local expert
    or a warehouse expert broker who knows all
    warehouses and all warehouse owners in the local
    market and he can help you with the above.
  • For any other Questions regarding commercial
    space Click Here
  • For any other Questions regarding Warehouse
    rental in Chennai/ Area-wise Warehouse Rent in
    Chennai Contact Us.

8
THANK YOU !
Source allwarehouses.in Copyrights
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