One of the most important factors in helping businesses survive and develop sustainably is having a stable and sufficient supply of stock to satisfy market demands. This crucial step is decided by stock management at warehouses, making the facility an important asset that most businesses invest in before anything else. Therefore, many businesses are seeking to rent a warehouse for storage as the economy’s recovery opens up new investment opportunities and challenges.
Why should a business rent a warehouse instead of building or buying one?
Having sufficient stock is very important for a business’s activity, as it helps them quickly adapt to and satisfy any sudden surge in market demands, ensuring a competitive edge and bringing back a great profit.
For many businesses, they have opted to rent their warehouses as opposed to building or buying new ones for the following reasons:
– Renting a warehouse is always cheaper than investing resources in building a new one from scratch or buying one. Building a warehouse entails many different expenses, including renting a land plot, acquiring a construction permit, designing, construction, etc., which is a huge drain of resources before the warehouse can be put into service.
– Businesses can begin their operation quickly since a warehouse for rent already comes with full equipment and utilities, so they can store their goods immediately. Meanwhile, building a new one takes time for designing, construction work, as well as procuring equipment, meaning it will take longer for businesses to start.
– While buying a warehouse can be a great choice for businesses that already have a strong foothold in the market, it is very difficult to do as a new business, SME, or a foreign investor. New businesses often need time to survey a market before committing to it, and if their operation is unprofitable, a bought warehouse can be a massive financial burden.
Rent a warehouse for space is an effective option for many businesses
For the reasons listed above, many businesses have been renting their warehouses to save time and resources.
If you do not need to store a huge quantity of goods, you can even rent a section of a warehouse instead of the whole facility.
Tips for finding the right warehouse to rent depending on your industry
Different products will have different special requirements, which their warehouses will have to satisfy. Here are some tips for finding the right warehouse to store your goods and preserve their quality.
For foodstuffs and beverage: Products such as confectionery and drinks tend to have short shelf lives, so their storage has to follow a “First In, First Out” rule. Some food products get moldy easily and attract pests, so warehouses for these goods need to be spacious, clean, and able to prevent pests from entering.
For machinery and equipment: Warehouses for these products need high floor loading capacity to withstand the weight of heavy machines and container trucks. Doors need to be wide enough to not obstruct vehicles from transporting goods. Good lighting and roofs are also crucial to protect delicate machines from moisture.
Depending on their goods and storage requirements, businesses need to select the right warehouses for them
For construction materials: These items are often heavy and cumbersome, so you will need to rent a warehouse near your construction project to help with material transportation. Businesses often look for a warehouse near convenient roads for easier transportation.
For raw, fresh produce or frozen seafood: Warehouses for these items need to be able to keep their temperatures low to preserve their quality. They need to have access to a high-capacity industrial air conditioner as well as cold storage space.
Read more: The Fees of Factory for Rent Ho Chi Minh City
Savills Vietnam’s warehouse rental service: cost-efficient and suitable for every need
The demand for warehouse rental services is constantly rising, so businesses need to carefully assess the market to select the best warehouses that are affordable and suit their needs. With its teams of top real estate consultants who have a deep understanding of the market, Savills Vietnam is the number one place to look for warehouses for rent.
Savills – Vietnam’s leading industrial real estate solution provider
In addition to that, Savills’ transparent procedures, professional services, competitive prices, and wide collection of real estate solutions will help you find the best property for your specific needs.
Savills Vietnam is providing many competitively-priced warehouses for rent at industrial parks near main roads connecting to other provinces.
SBN-FW15 Factory/Warehouse for rent in Bac Ninh
– Area of factory/warehouse: 812 – 200,000 m2.
– Available space: 69,000 m2.
– Minimum rent term: 3 years
– Rent fee: Contact us
SBN-FW15 Factory/Warehouse for rent in Bac Ninh
High-quality prebuilt warehouse for rent in Viet Hoa, Hai Duong
– Area of warehouse: 1,700 – 2,800m2.
– Available space: 51,500m2.
– Minimum rent term: 3 years
– Rent fee: Contact us
Prebuilt high-quality warehouse in Viet Hoa, Hai Duong
High-quality warehouse in Dong Nai
– Area of warehouse: 132,000m2.
– Available space: 15,000m2.
– Minimum rent term: 5 years
– Rent fee: Contact us
High-quality warehouse in Dong Nai
Read more: Plenty of Real Estate Agency in Vietnam, but How Good Are They?
Conclusion
The economy’s great recovery has brought many businesses “back to life” to continue their operations and contribute to the country’s development. One of the most important factors in helping a business operate smoothly and sustainably is a good storage system. A high-quality warehouse will allow businesses to satisfy market demand quickly, helping them grow.
If you are interested in our warehouse rental service, please contact Mr. John Campbell via hotline: 0986.718.337 for a detailed consultation on our available warehouses.
In addition, you can find out more about our other industrial real estate products.
