Average cost of England Small warehouse rental. Amazon is one of the biggest players in the warehouse boom. Data centres are another component of the soaraway warehouse market. But how much do they really cost? Here are some factors to consider. Choosing the right warehouse is an important decision that should be based on your budget, the size of your business and the available space. Listed below are some tips for choosing an England Small warehouse rental. And remember, a warehouse is more than just a warehouse!
Average cost of renting a small warehouse in England
Many companies are moving their business from office space to warehouse spaces for a variety of reasons. Warehouse space offers modern amenities, flexibility and an opportunity to grow without the need to make substantial investment. They are often easy to access and provide ample parking space. Many warehouses have everything a business needs to remain productive, including a large amount of space for storage. And with an average cost of rent and utility bills, the benefits of using a warehouse are many.
Renting a warehouse space in England is not cheap. The average rental price for a small warehouse is about PS1.5 million, but the price will vary depending on the size and location of the space. In central London, for instance, the cost will be about PS1.5 million per year for a 4,000-square-foot warehouse. Those renting smaller warehouses for less than a year can expect to pay around PS1,000 per month.
A small warehouse can cost as much as PS3,000 per month, but it can be much more if you need a huge space. For this reason, you should consider how much you will need for an HVAC system in your warehouse. You may not need to have it professionally installed, but it’s better to ask the landlord for a breakdown of the cost per square foot. If you’re looking for a warehouse to accommodate your business, don’t forget to factor in any staff costs.
Amazon is a major player in the UK warehouse boom
The UK small warehouse rental boom has been fuelled by the growing popularity of online shopping. Last year, for example, Amazon grew its business in the UK by nearly 30%, while people were shopping in their living rooms. But now, the trend is shifting further afield. According to CBRE research, the average UK warehouse is now more than three times larger than it was in 2012.
According to the data, Amazon will take up more than one quarter of the new space in the UK’s warehousing sector by 2020. The company has also invested heavily in new capacity to take advantage of the booming ecommerce market. In the first quarter of 2018, Amazon accounted for 3% of take-up space across the UK. The company has now bought more than 17,000 sq ft of warehouse space from a number of landlords and investors.
While Amazon has been a significant player in the UK small warehouse rental market, it is far from the only one. Whether this is because of its popularity or because it is a good location for the business, it is important to think outside the box. Small warehouses are an excellent location for retailers, but they have to be close to their customers. The proximity of Amazon’s distribution facility to people’s homes will be an advantage for local business and consumers.
Data centres are another component of the soaraway warehouse market
The UK has over 200 third-party Data Centre Facilities. As of 2021, more than one million square meters of Data Centre raised floor space will be available, with over 1,000 megawatts of customer power forecast. Existing Data Centre Providers are adding over 50,000 m2 per annum to their current portfolios, with growth centered in the Greater London and Inner M25 regions. Meanwhile, regional Data Centre Providers are adding 20,000 m2 each year.
This boom has prompted a massive build-out of warehouses for companies such as Amazon. According to Savills, Amazon has signed 18 deals in the last year, and is expected to sign another 19 by 2021. According to Property Week, Amazon has signed a twenty-year lease at the Magna Park site in Lutterworth, Leicestershire. This lease is valued at PS97m, according to the estate agent.