If you are considering renting a small warehouse in the UK, here are some of the options. You can also check out the cost of renting a warehouse. The small warehouse sector is growing rapidly in the UK. Read on to learn more about the locations and costs of small warehouses in England. You’ll also discover what type of business would benefit from a small warehouse in England. Listed below are the pros and cons of renting a warehouse in England.
Locations for a small warehouse in the UK
Increasing home deliveries are helping to boost UK warehousing and transport sectors. E-commerce has also increased the demand for warehouse space. Finding the best warehouse locations has been a priority for many companies for years. Productivity often depends on central stock locations, flexibility and responsiveness to customer demands. A small warehouse in England is an excellent choice for a company with limited space needs. To get a great deal of benefits from warehouse space, here are a few tips for success.
In the UK, the demand for warehouse space is rising rapidly. By 2021, UK warehouse floorspace will be twice the size of Hyde Park in London. According to Knight Frank, this growth in warehouse space will result in more than 1.7 million square feet of space being added to the UK’s market by that year. However, the demand for warehouse space is increasing in some areas – such as Manchester. The West Midlands, East Midlands and Yorkshire and The Humber are the best locations to start a small warehouse in England.
Cost of renting a small warehouse in the UK
Renting a small warehouse in England will cost you an average of PS1.5 million per year. The average warehouse space in London is 4,000 square feet. The cost of a warehouse varies greatly depending on the location and size of the space. Generally, it will be more expensive to rent a warehouse in central London or near airports, due to the high property prices in these areas. However, if you only need a warehouse for a few months, you can rent a smaller one for around PS1,000 per month.
In January 2022, prime small shed real estate in London cost more than 30 British pounds, according to Savills, an estate agent. In addition to location, other factors affect the cost of a small shed. In London, proximity to major road systems, major population centres, and staff costs also affect the price. For example, prime small shed real estate in Park Royal, London, cost PS97m.
Growth of the sector in the UK
The growth of the small warehouse sector in England is largely driven by the growth of online shopping, which has increased the number of available premises in the UK. According to the ONS, the growth of logistics employment in England has a knock-on effect for local employment and transport operators. A decade ago, Thurrock was ranked number one for storage and transport, and that position remains strong thanks to the port’s accessibility.
This rapid growth has created a high demand for warehouse space, but fewer than expected supply. The UK needs to double its warehouse space by 2021 to meet this demand, which is expected to increase by 14%. But the UK is facing a major problem in terms of labour shortages, which could affect the industry. To address this issue, warehouse space should be built at higher densities. However, it’s important to remember that the UK is a relatively small country, so the growth in warehouse space in England is likely to remain high.
The number of business premises used for logistics and warehousing in the UK has almost doubled over the past decade, with the greatest concentration of space in the East Midlands, Yorkshire and Humber, and the East of England. In fact, these areas have become so congested with logistics and distribution facilities that they have earned the nickname of the “golden logistics triangle”.