Warehouse Space For Lease Near Me Centurion

How Do you Select the Commercial Property or Warehouse To Rent in Centurion?

A real estate agent listing a commercial property in Centurion should undertake a detailed property inspection before they give any indication of price or rent to a landlord or property owner. In only this way can they really know what the property is all about; that is what positive and negative aspects the property can create as an investment of Commercial Property For Lease Near Me .

Industrial Property To Let

Every property is different and for that simple reason it pays to have some form of checklist to run through when as an agent you are listing the commercial property in Centurion . The focus of the inspection will change depending on whether the property is to be for sale or for lease but here are some of the key issues that you would want to know about in listing of the commercial property for rent.

 

Interesting Facts About Warehouse and Commercial Property To Rent in Centurion :

Business Property For Renting

A warehouse is a commercial building used for storage of goods while warehousing is the process of proper storage and handling of goods and cargo using scientific methods in the warehouse and making them available conveniently when needed. In today's scenario, warehousing is considered as one of the most important aspect of trade.

Need for warehousing

  • Some commodities are produced in a particular season only. To ensure their off-season availability, warehousing is needed.
  • Some products are produced throughout the year but their demand is seasonal. Warehousing is important in such cases.
  • For the companies which opt for large scale production and bulk supply, warehouse is an unavoidable factor.
  • Warehousing help companies ensure quick supply of goods in demand.
  • Production of goods and their movement of goods are important for the companies for continuous production of goods.
  • Warehousing is also important for price stabilization. For necessary goods, the Government stores them in the warehouses and control its supply in the market as per the price fluctuations.
  • Another important need of warehousing is for bulk breaking. Consider a trade agent who imports goods from a country for a large number of buyers in his own country. He first takes the goods to his warehouse and break it into small parts for supply to the buyers.
  • When it comes to cost saving, warehousing helps the traders with cross docking. All the goods are consolidated in the warehouse and then stuffed into containers as per their destination. This is especially beneficial for small traders who export low quantity of goods.

Characteristics of an ideal warehouse

  • It should be conveniently located near highways, railway stations, air ports, sea ports etc. for loading and unloading of goods.
  • Mechanical appliances should be there to lift, load and unload goods.
  • It should be spacious enough.
  • Food storage warehouses should have enough facilities to prevent food from perishing.
  • Proper arrangement to save goods from sunlight, dust, rain, moisture and pests should be available.
  • Sufficient parking space should be there to facilitate quick and easy loading and unloading of goods.
  • Security arrangements should be strict and round the clock.
  • Modern and tested firefighting equipment should be installed in the premises.

Are Apartments Really Commercial Properties?

Commercial Property

A real estate agent listing a commercial property should undertake a detailed property inspection before they give any indication of price or rent to a landlord or property owner. In only this way can they really know what the property is all about; that is what positive and negative aspects the property can create as an investment.

Every property is different and for that simple reason it pays to have some form of checklist to run through when as an agent you are listing the commercial property. The focus of the inspection will change depending on whether the property is to be for sale or for lease but here are some of the key issues that you would want to know about in listing the property for sale.

  1. Ownership of the property together with the split if any on property ownership

  2. Decision makers for the ownership

  3. Location detail and survey plans of the plot

  4. Details of the improvements in the property

  5. Details of all the leases and occupancy documents that apply to the sitting tenants

  6. Tenant contact detail for access in further inspections

  7. Details of rental paid at the current time and how that is documented

  8. Vacancy factors and areas that are soon to become vacant

  9. Details of the expenditure to run the property both today and over the last 3 years (in this way you can check the way the property has performed)

  10. Orders and notices that may have been issued over the property and which remain outstanding

  11. Matters relating to current negotiations in leases for further terms or amended lease situations

  12. Details of any existing lease incentives that have been provided to tenants currently and which remain active for the future

  13. Access arrangements for people and vehicles getting into and away from the property

  14. Any encumbrances, liens, and interests from other properties in the area and that can impact the subject property

  15. Services and amenities that serve the area and the property

  16. Energy supply and energy consumption factors

  17. Environmental factors that are current or could impact the property usage

  18. Heritage matters that can impact the property

The list does not end here but it is a good summary of the main elements that apply in a property inspection. Any one of these items could have issues to impact the price of the property. Importantly you are finding the issues before you price and list a property.

When you have the property correctly documented it makes the sale and any lease negotiation much easier. Most buyers today will undertake their own due diligence in the sale and settlement process. Make sure you find the problems before the buyer does and have all the right answers ready.

Where is Commercial Property For Lease Near Me in Centurion?

Industrial Property

A warehouse is a commercial building used for storage of goods while warehousing is the process of proper storage and handling of goods and cargo using scientific methods in the warehouse and making them available conveniently when needed. In today's scenario, warehousing is considered as one of the most important aspect of trade.

Need for warehousing

  • Some commodities are produced in a particular season only. To ensure their off-season availability, warehousing is needed.
  • Some products are produced throughout the year but their demand is seasonal. Warehousing is important in such cases.
  • For the companies which opt for large scale production and bulk supply, warehouse is an unavoidable factor.
  • Warehousing help companies ensure quick supply of goods in demand.
  • Production of goods and their movement of goods are important for the companies for continuous production of goods.
  • Warehousing is also important for price stabilization. For necessary goods, the Government stores them in the warehouses and control its supply in the market as per the price fluctuations.
  • Another important need of warehousing is for bulk breaking. Consider a trade agent who imports goods from a country for a large number of buyers in his own country. He first takes the goods to his warehouse and break it into small parts for supply to the buyers.
  • When it comes to cost saving, warehousing helps the traders with cross docking. All the goods are consolidated in the warehouse and then stuffed into containers as per their destination. This is especially beneficial for small traders who export low quantity of goods.

Characteristics of an ideal warehouse

  • It should be conveniently located near highways, railway stations, air ports, sea ports etc. for loading and unloading of goods.
  • Mechanical appliances should be there to lift, load and unload goods.
  • It should be spacious enough.
  • Food storage warehouses should have enough facilities to prevent food from perishing.
  • Proper arrangement to save goods from sunlight, dust, rain, moisture and pests should be available.
  • Sufficient parking space should be there to facilitate quick and easy loading and unloading of goods.
  • Security arrangements should be strict and round the clock.
  • Modern and tested firefighting equipment should be installed in the premises.

The Benefits of Renting Warehouse Space For Your Business

Property Rentals

Most business owners hire a lawyer for handling tasks such as renting commercial properties. In most cases, the tenants do not have a full understanding of the lease, thus putting them at risk for violating it through simple ignorance. Learn more about what every business owner should know about renting commercial properties.

Hiring an attorney is best for trying to make sense of a lease. Making sure you have a full understanding of all the details is important. This is especially true if you have several employees. Simple parts of the lease that surround destruction to the property could be a topic you might want to discuss with all of your employees.

The location you choose when you rent commercial real estate can have a profound effect on your production and profits. Making sure you select the location best for you is necessary to maintain your company in many aspects. Taking the time to shop around and to learn all the fine details of a lease can help you to experience more success.

 


Commercial Yard For Rent Near Me Centurion

Commercial real estate in Centurion as an investment can provide great returns, but it can also cause some serious headaches if you do not do your homework and go into the deal with your eyes wide open. Commercial property can include residential multiplexes and apartment complexes as well as more traditional business and warehouse buildings. Whether you are buying commercial real estate for profit or simply to house your own company, before you buy you should do all you can to avoid the following common pitfalls.

Have a Thorough Title Search of [tag] 

Before making any commercial real estate lease, whether it is residential or commercial it is essential to get a complete title search to identify any liens or other problems with the title. The [tag]  is basically the history of the deed changing hands and whether or not there are any unresolved claims to the deed by previous lenders or contractors.

Commercial Real Estate

Renting a warehouse (or a portion of a warehouse) on a contract basis may be the best choice for your storage needs. Contract warehouses are perfect for storing large items or a considerable number of items, especially those that will need to be protected. Normal storage facilities can’t offer the protection and the amount of space that a warehouse can provide. You can rent warehouse space or commercial property for short-term storage needs, or for long-term storage and distribution.

Renting warehouse space on a short-term basis is perfect for when you are trying to get your small business off the ground. You know you’ll need a place to store and distribute items, and using your basement or garage just isn’t going to cut it. A small business won’t need the vast amount of space of an entire warehouse, and conversely, will need more space than what a household garage can provide.

How Do you Select the Best Commercial Property for in Centurion?

Business Property For Renting

Land options are becoming an increasingly popular way for landowners and developers to work together. Nevertheless, the process is becoming more complicated, and there are potential risks for each party. So whether you are a landowner or a developer, you should seek expert legal advice before committing to an agreement.

Option Over Land: How Does It Work?

A land option is where a landowner gives a developer the option of buying their land, on the basis that the developer secures planning permission for the site. In return, the landowner will get an above market offer.

There are two different types of option. Firstly, a 'Put Option' sees a landowner give a developer a 'grant of an option over land' which is then registered with HM Land Registry. This option will be held in place for an agreed amount of time, although this period cannot exceed twenty-one years. The developer will then promote the site for development via the necessary channels. If planning permission is granted, and the developer wants to go ahead with the purchase, the landowner must then sell at the agreed price.

Nevertheless, if the option is validly exercised and the terms laid out in the conditional contract are adhered to, then you are legally compelled to sell your land.

Seek Expert Advice.

Land options are becoming increasingly complex, which is why it is essential to seek expert advice before you sign a contract. You need to be fully aware of how the process works, the terms and conditions, and the requirements of both parties. If you fail to do so, then it may prove costly.

Tips For Renting Commercial Property

Space To Rent

Trying to understand commercial property lease terms can seem like navigating a mine field - there is plenty of new terminology and industry jargon to comprehend. When it comes to negotiating, some landlords may try to pass off a lease document as "a standard lease" that all tenants must sign. In many instances, unknowledgeable tenants could end up agreeing to terms that are less than favourable - which are in fact not standard policy. Be wary of the following clauses:

  • Early Termination - this clause often allows landlords to terminate the lease early and reasons for the early termination may or may not be given. Resist the inclusion of such clauses in your negotiations.
  • Default - be wary of onerous clauses that allow a landlord to evict a tenant if the rent has not been paid within a week of the due date. While it may seem standard, it is more typical for leases to stipulate written notice be given to tenants at least 14 days before any consequences are enacted. Negotiate for required written notice in the case of default.
  • Redevelopment - try to avoid redevelopment clauses that allow a landlord to terminate the lease in order to redevelop or renovate the premises.
  • Indemnity - be aware of indemnity clauses that indemnify the landlord against claims for loss or accidental damage by the landlord. Be sure to check your insurance policy to see if an indemnity clause on your commercial property could violate your policy.
  • Handover dates - the handover date is the date the premises are turned over to the tenant to begin the installation of fit-outs, before the fixed commencement date of the lease. Avoid leases that allow a landlord to alter the handover date without compensation - as you could find yourself incurring substantial costs if you are delayed or caught unprepared for fit-out construction.
  • Make good - a make good clause generally requires the tenant to leave the premises in good condition upon departure. This usually includes the removal of any fit-outs that were installed by the tenant during the term. If your premises come installed with fit-outs, negotiate to alter the "make good" clause to a general expectation to leave the premises in good condition and repair.

There are plenty of other clauses and terms that can be negotiated - from who is responsible for whose legal fees as well as any upkeep, repair and maintenance costs. Many businesses will find that they have much more success negotiating lease terms to help reduce their costs rather than trying to get a landlord to come down on price. A tenant broker service can help with the lease "legalese" - they'll help you get a better understanding of what your options are.

Real Estate Agents - How Do You List Commercial Property the Right Way?

Office To Let

Most business owners hire a lawyer for handling tasks such as renting commercial properties. In most cases, the tenants do not have a full understanding of the lease, thus putting them at risk for violating it through simple ignorance. Learn more about what every business owner should know about renting commercial properties.

Hiring an attorney is best for trying to make sense of a lease. Making sure you have a full understanding of all the details is important. This is especially true if you have several employees. Simple parts of the lease that surround destruction to the property could be a topic you might want to discuss with all of your employees.

The location you choose when you rent commercial real estate can have a profound effect on your production and profits. Making sure you select the location best for you is necessary to maintain your company in many aspects. Taking the time to shop around and to learn all the fine details of a lease can help you to experience more success.

Office To Let

http://www.businessproperties.co.za/centurion/

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