Renting a Storage Yard: A Comprehensive Guide
Introduction
Renting a storage yard provides businesses with a flexible and secure space for storing goods, equipment, and vehicles. Whether you need additional space for inventory overflow, construction materials, or fleet vehicles, a storage yard can be an ideal solution. This guide explores the market for storage yards, offers tips for finding the right property, and outlines key considerations for tenants.
Benefits of Renting a Storage Yard
Flexibility:
- Storage yards offer flexible lease terms, making them suitable for both short-term and long-term storage needs.
Cost-Effective:
- Renting a storage yard can be more cost-effective than expanding existing facilities or renting larger warehouse space.
Security:
- Many storage yards come with security features such as fencing, CCTV, and controlled access, ensuring the safety of stored items.
Accessibility:
- Storage yards are often located in strategic locations with easy access to major roads and highways, facilitating efficient logistics and transportation.
Steps to Finding a Storage Yard for Rent
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Utilize Online Property Portals:
- Websites like Rightmove Commercial, Zoopla, and EG Propertylink list available storage yards. Use filters to narrow your search by location, size, and price.
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Consult with Commercial Estate Agents:
- Engage with agents specializing in industrial and commercial properties, such as Savills, Knight Frank, JLL, and CBRE. These professionals offer tailored advice and access to exclusive listings.
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Explore Industrial Areas:
- Visit industrial parks and business estates in your desired area. These locations often have multiple storage yards available for rent.
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Attend Property Auctions:
- Property auctions can provide competitively priced opportunities. Auction houses like Allsop and Acuitus frequently list storage yards.
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Network Locally:
- Join local business networks and chambers of commerce to hear about opportunities through word-of-mouth and networking events.
Example Listings
Storage Yard in East London:
- Location: Barking, IG11
- Description: Secure storage yard with 10,000 sq ft, fully fenced, CCTV, and 24-hour access. Excellent access to the A13 and M25.
- Rent: £50,000 per annum
- Agent: Knight Frank
Storage Yard in Manchester:
- Location: Trafford Park, Manchester, M17
- Description: Spacious storage yard with 15,000 sq ft, high security, and office facilities. Convenient access to the M60.
- Rent: £65,000 per annum
- Agent: Savills
Storage Yard in Birmingham:
- Location: Aston, Birmingham, B6
- Description: Versatile storage yard with 12,000 sq ft, secure fencing, and easy access to the M6. Suitable for vehicle storage or construction materials.
- Rent: £55,000 per annum
- Agent: JLL
Key Considerations for Tenants
Location:
- Choose a location that suits your business needs. Consider proximity to transport links, suppliers, and customers to maximize convenience and efficiency.
Size and Layout:
- Ensure the storage yard has adequate space for your storage needs, including any required loading and unloading areas.
Security Features:
- Check for essential security features such as fencing, CCTV, lighting, and controlled access to ensure the safety of stored items.
Lease Terms:
- Understand the lease terms, including the duration, rent review clauses, break clauses, and any additional costs such as maintenance and insurance.
Utilities and Facilities:
- Determine if the storage yard has access to necessary utilities such as electricity, water, and office space if required.
Compliance and Zoning:
- Verify that the yard is zoned for your intended use and complies with local regulations and environmental standards.
How Fraser Bond Can Assist
Tailored Property Search:
- Our team helps you find storage yards that meet your specific requirements, leveraging our extensive network and market knowledge.
Lease Negotiation:
- We assist in negotiating favorable lease terms to ensure you get the best possible deal.
Due Diligence:
- Our experts conduct thorough due diligence, including property inspections and compliance checks, to ensure the space meets your needs.
Legal Support:
- We provide legal advice and support to help you navigate lease agreements and ensure all legal requirements are met.
Ongoing Assistance:
- Our services extend beyond the rental process, offering ongoing support for any issues or adjustments needed during your tenancy.
Conclusion
Renting a storage yard involves careful consideration of location, size, security features, and lease terms. By understanding the market, leveraging expert assistance, and considering key factors, you can find a space that supports your business operations and growth. Fraser Bond is dedicated to providing comprehensive support throughout your rental journey. Contact us today to learn more about how we can assist you.
