Many companies are reluctant to approach the subject of a potential relocation. This is usually due to being used to a particular location. In the background, there is also the comfort of not having the challenges of moving.
However, it is important to remember that changes bring many benefits. An expiring lease is the perfect time to renegotiate the terms of a future lease, verify available solutions on the market, and prepare an appropriate negotiating strategy. To put it bluntly: moving is a difficult and demanding process of change, which enables rapid development of the company, and allows to achieve great savings.
The use of best practices, the lessons learned and the lessons from operating in the current location will avoid process errors, bottlenecks or operational slowdowns. Optimising these activities guarantees operational improvements in the building, which directly translates into lower logistics costs.
Lease rent. An experienced advisor can help you structure your negotiation strategy to create the most competitive environment possible, and add value to the process of acquiring new space. In this way it can secure the best market rental offer. The warehouse market is very dynamic. Market practice shows that developers are able to secure a more attractive rental rate in a new location than the owner of the facility where you are currently located.
Improved building standard related to the overall ergonomics of industrial buildings. For all industrial buildings for which planning permission was granted after September 2017 have an increased heat transfer coefficient for walls and roofs. In practice, new industrial buildings are better insulated from external conditions. This translates directly into heating costs in winter and working comfort in the facility in summer. Another factor is LED lighting, which comes as standard in new facilities, with a much longer lifespan than older technologies and significantly lower energy requirements. Combined with automated lighting and additional natural light in the loading area, the savings on energy bills are very noticeable.
Exemption from property tax. The advantage of new warehouse facilities is that they are exempt from property tax in the first calendar year of the lease. This follows directly from the law. Depending on the municipality to which you decide to move, the exemption period may be longer. Some communes in order to encourage investors offer an extended period of exemption from real estate tax for 3 or 5 years! Secondly, the technical specification. A new location, chosen at the stage when the project is still in the planning or early construction phase, allows the building to be adapted according to the expected layout of the hall. In addition, a new facility gives the possibility to adapt to the often specific requirements of the tenant, and allows you to plan expansion within the leased building. This allows for optimum utilisation of the operating space based on the experience of the current warehouse and best practice.
Similarly, the new office. Social office space is designed and built by the developer's design office, according to specific tenant guidelines. This optimises the office and social space, which can be built to a higher standard, and gives comfort in planning future expansion.
Outdoor areas are another aspect that can be adapted to the tenant's needs. Parking spaces, sheds, outdoor plazas can also be developed for the exclusive use of the tenant. This further boosts the efficiency of the new facility. High work comfort. Streamlining the "work flow" of businesses - in addition to the savings factor - is the main advantage of moving to a new facility. It is important to remember that warehouse facilities are changing and developers are meeting the expectations of tenants by offering solutions that facilitate warehouse operations. These include, among others:
A new warehouse also means fewer problems. New warehouse buildings also have a guarantee on structural elements, the period of which ranges from 2 to 10 years. It is worth mentioning that during this period, the general contractor is responsible for repairs to elements covered by the guarantee, and the tenant does not incur any additional costs on this account.
When deciding to rent a new building, adapted to your needs, it is possible to introduce ecological and environmentally friendly installations. Buildings equipped with photovoltaic panels, heat pumps or a grey water system are slowly becoming a standard. Ecological certification (e.g. BREEAM) is already a standard.
The process of moving to a new location, although it will require commitment from the tenant, with the support of experienced advisors can bring financial benefits to the company and increase the comfort of work. Often relocation is also associated with a change of location to a more prestigious, better exposed and more accessible to employees and customers.