4 Key Factors to Consider When Choosing A Warehouse for Lease

Warehousing is an essential step in running a business. While businesses use a spare room in the beginning, growth with time may demand shifting to a more spacious and organised space for ease of handling the logistics and products. That’s when a business owner needs to make the decision of leasing a warehouse.

While there are plenty of options, selecting the right warehouse for lease in Kolkata or any other city is a tricky decision. You need to assess several factors to make the right decision. Let’s discuss the top 5 factors that can help you choose the right warehouse for your business.

Key Factors While Choosing A Warehouse for Lease

Location

The location of a warehouse plays a crucial role in the overall success of a business. When almost all warehousing companies claim to be located on strategic points in the city, how do you differentiate? Well, consider these points: proximity to suppliers, customers, transportation hubs, and major highways.

By choosing a warehouse for lease in Kolkata that is situated close to suppliers can help you cut down on additional transportation costs and lead to faster order fulfilment. And don’t forget that being near customers can ensure timely delivery which directly boosts customer satisfaction. Hence, there is no way you can ignore the proximity to major highways, ports, and airports that can facilitate smooth inbound and outbound logistics.

Size and Layout

Making the right estimations on the size of the warehouse is essential. This is crucial since you need to understand if the size and layout of the warehouse are appropriate for storing and handling your inventory. Also, if you have plans for expansion, you must evaluate a warehouse keeping such factors in mind.

You can go ahead by evaluating factors such as ceiling height, floor space, and column spacing of a warehouse for lease in Kolkata. This will ensure they align with your storage needs and equipment requirements. Consider if there is space for unloading, arranging, and order picking. If you require additional space for docking, staging areas, and offices, remember to count that in.

Security and Safety

To business owners, their business inventory is a significant part of their investment. Hence, a safe and secure warehouse is one of the main things to look for. The security and safety of a warehouse are therefore important parameters to look for.

Choose a warehouse for lease in Kolkata that is equipped with security measures such as surveillance systems, access control, and alarms. Adequate lighting, both inside and outside the facility is crucial for employee safety as well.

Hence, consider the availability of safety features like fire hydrants, sprinklers, and emergency exits. Besides the above-mentioned parameters, look if the warehouses comply with local regulations and industry standards.

Lease Terms and Flexibility

One of the most important aspects to be certain of before you finalise an agreement with the warehousing company/owner is the lease terms. Once you sign the agreement paper, you wouldn’t be able to change them later. So, carefully review the lease terms before committing to a warehouse for lease in Kolkata.

Evaluate the length of the lease, the payment structure of the rent, as well as any additional costs involved. Have prior talks on the flexibility issue. Determine if there are provisions for you to expand or downsize in case your business requires so in future.

Conclusion

While these are the primary factors in choosing the right warehouse for lease in Kolkata, there can be other additional factors involved too. Make sure you take your time to research the entities leasing the warehouses. In fact, it is best if you make a checklist and physically visit them to verify if the warehouses suit your requirements.