Your ideal industrial units to let - with Showcase
The CoStar group - the world’s leading experts in the marketing of commercial property - launched Showcase to help make finding quality industrial units to let in the UK as quick and easy as possible for people like you.
Industrial units to let - the financial benefits
Choosing to buy commercial real estate for your business is a massive decision to make. The financial implications of such a decision can be devastating, especially for a recently established company, if the benefits of all options - such as renting - aren't considered first. Leasing your premises can give you much more flexibility, particularly financially, as your business grows.
Some of the financial benefits of choosing industrial units to let rather than to buy include:
- It requires less upfront cash than buying, freeing up capital that can be put to better use in more critical areas of the business.
- Although your rental payments may be subject to review by your landlord at semi-regular intervals, your business won’t be affected by the rise and fall of interest rates.
- Capital gains tax and reductions in the value of the property will not affect you.
Insuring industrial units to let
Before you sign a lease on any industrial units to let, check the agreement to see if the property has already been insured by the landlord or whether you’ll be required to arrange insurance for the property yourself.
If the owner has already insured the building, you’ll no doubt be paying for it as part of the rental payments, but you should still check to see what exactly the policy covers. You may find that you’ll need to arrange additional insurance to cover risks (loss or damage of contents, for example) which are not included in the landlord’s general buildings insurance policy.