Renting the Right Property for Your Business

If you’re looking for an external premises for your business, then finding the right location can be tricky. However, often, many business owners get so bogged down in selecting the location of their new property that they forget to ensure they have a premises that suits their exact needs and requirements. Although the location of a business is undoubtedly important, the type of premises is arguably even more so. Here, we look at the different types of property you can get, so you can assess which is best for your business.

Shop to Let

A shop to let, like the ones available online through London & Cambridge Properties are the perfect premises for businesses who sell directly to customers; also known as B2C businesses. This is because they provide your business with a focal point for your customers.

You can get a shop to let to match the size of your business. If you have large volumes of stock, or need showroom space, then you’ll need a large premises. However, if you’re stocking small items and presentation is less important, then you can opt for a small shop.

Ideally, if you’re looking for a shop top let, a town centre location is the best place, as it provides the highest level of footfall. However, it’s also important to know that a property like this in the city centre is also likely to be more expensive because of this.

Industrial Units to Let

If your business sells large items, then you’re more likely to need a larger space than an office, and it’s likely that a warehouse will be more preferable. Warehouses are generally located out of town, which also means that the rent should be cheaper. Warehouse spaces generally suit both B2C and B2B businesses, but because you don’t want customers visiting, you’d have to buy two premises or sell all your items online.

Warehouse for Rent

Finally, if you’re an ecommerce company, then a warehouse is the perfect option, as it will give you plenty of space for stock, all at a low cost of rent. Crucially, then you’re looking for warehouse space to rent, you should check for the transport links. As an ecommerce business, your delivery routes and times will be crucial for keeping customer satisfaction high. If you’re unable to afford a warehouse space because you’re a start-up, you can also look at storage lockers.

 

So there we have it. The type of premises you should buy is dependent on the business you’re running. Consider your options carefully.