Comprehensive Guide to Buying Industrial Units

Industrial Units for Sale: A Comprehensive Guide

Introduction

Industrial units are a vital part of the commercial property market, offering spaces for manufacturing, warehousing, and various other industrial activities. Whether you’re looking to expand your business or invest in commercial real estate, finding the right industrial unit is crucial. This guide provides an overview of the industrial property market, tips for finding suitable units, and key considerations for buyers.

Overview of the Industrial Property Market

1. High Demand:

   • Industrial units are in high demand due to the growth of e-commerce, manufacturing, and logistics industries. Key locations near transport hubs and major cities are particularly sought after.

2. Diverse Property Types:

   • The market includes a range of industrial properties, from small workshops and storage units to large warehouses and manufacturing facilities.

3. Investment Opportunities:

   • Industrial units can provide robust investment opportunities with potential for long-term rental income and capital appreciation.

Finding Industrial Units for Sale

1. Online Property Portals:

   • Websites like Rightmove Commercial, Zoopla, and EG Propertylink list industrial units for sale. Use filters to narrow searches by location, size, and price.

2. Commercial Estate Agents:

   • Engage with commercial estate agents who specialize in industrial properties. Agents like Savills, Knight Frank, and JLL can provide tailored advice and access to off-market opportunities.

3. Property Auctions:

   • Consider property auctions for competitively priced industrial units. Auction houses like Allsop and Acuitus frequently list industrial properties.

4. Commercial Property Websites:

   • Platforms like NovaLoca and Property Link specialize in commercial real estate listings and can be valuable resources.

5. Industrial Parks:

   • Explore industrial parks and business estates which often have multiple units available for sale.

Example Listings

Industrial Unit in Manchester:

• Location: Trafford Park, Manchester, M17
• Description: Modern industrial unit with 20,000 sq ft of space, high ceilings, loading bays, and office facilities. Excellent access to the M60.
• Price: £1,500,000
• Agent: Savills

Warehouse in Birmingham:

• Location: Aston, Birmingham, B6
• Description: Spacious warehouse with 30,000 sq ft of space, multiple loading docks, and mezzanine offices. Close to the M6 and city center.
• Price: £2,200,000
• Agent: Knight Frank

Storage Unit in London:

• Location: Park Royal, London, NW10
• Description: Secure storage unit with 10,000 sq ft of space, 24-hour access, and CCTV. Convenient location with access to the A40 and North Circular Road.
• Price: £1,000,000
• Agent: JLL

Key Considerations When Buying an Industrial Unit

1. Location:

   • Choose a location that suits your business needs. Consider factors such as proximity to transport links, suppliers, and customers.

2. Size and Layout:

   • Ensure the unit has adequate space for your operations, including storage capacity, loading areas, and office space. Consider future growth and flexibility.

3. Condition and Facilities:

   • Inspect the condition of the property and ensure it has essential facilities such as heating, ventilation, security systems, and sufficient power supply.

4. Planning and Zoning:

   • Ensure the property is zoned for your intended use. Check local planning regulations and potential restrictions.

5. Financial Viability:

   • Evaluate the financial aspects, including purchase price, potential rental income, operating costs, and return on investment. Consider consulting a financial advisor.

6. Legal Due Diligence:

   • Engage a solicitor to conduct due diligence, including reviewing the property's title, lease terms (if applicable), and any existing liabilities.

7. Financing:

   • Explore financing options, such as commercial mortgages, business loans, or investor funding. Get pre-approval to strengthen your negotiating position.

How Fraser Bond Can Assist

At Fraser Bond, we offer comprehensive services to help you find and acquire industrial units:

1. Market Research:

   • Our team provides in-depth market research and analysis to identify the best opportunities.

2. Property Search:

   • We assist in finding industrial units that meet your specific requirements, leveraging our extensive network and market knowledge.

3. Due Diligence:

   • We conduct thorough due diligence, including property inspections, legal reviews, and financial assessments, to ensure a sound investment.

4. Negotiation:

   • Our experts negotiate favorable terms and prices on your behalf, leveraging our market knowledge and experience.

5. Financing Assistance:

   • We help explore and secure financing options, working with a network of lenders and financial advisors.

6. Post-Purchase Support:

   • We offer ongoing support post-purchase, including property management services, tenant sourcing, and maintenance coordination.

Conclusion

Finding the right industrial unit involves careful consideration of location, size, facilities, and financial viability. By understanding the market and working with experienced professionals, you can secure a property that meets your business needs and supports your growth. Fraser Bond is dedicated to providing expert guidance and comprehensive support throughout the property acquisition process. Contact us today to learn more about how we can assist you in finding and purchasing industrial units.