Indicators in the economy are often quite consistent and show us that our economy is growing rather rapidly. As a result of this, businesses will constantly look to expand. The need for more capacity for production and storage means that companies will be on the hunt to find the best option for the needs of their operations. There are a few investment solutions could consider if you wish to maximise space for your warehouse storage without the obvious traditional building.
Maximise Space for your Warehouse Storage with an Off-site Lease
One quick way for getting more space is to lease a warehouse off-site. On the surface, this may seem like the cheapest option. However, be aware that having multiple site operations can bring their own problems and additional costs. Logistics, stock control, staffing and security are just a few out of many things that you must consider. Though it may not work as part of a long-term strategy, it could be a good option if you are in need of a temporary solution.
Some may Consider an Adjacent Warehouse
Building a new warehouse that is adjacent to your existing building is also something you may consider. However, this also faces the issue of costs and will take up much of your time. A new building is expensive to construct, not to mention the consistently increasing costs of materials and labour. The time you take on the project would also need to be factored in. This includes obtaining planning permission, groundworks, architect’s fees and more. Not to mention, it would cause a large disruption to your current work operations. This is something that should be taken into careful consideration if you really want to go down this route. It could be an ideal option for you, but there are other alternatives worth considering.
Prefabricated Warehouses
Adding a steel building on site is a robust and durable alternative to a traditional building. As they are prefabricated, you will save on costs of build time. However, as with a traditional building, there is a need for groundworks to support the structure. The weight of a steel building means that the building will have an engineer-designed concrete slab to support the building, especially when considering the environment in which it is being placed.
The most economical solution would be an aluminium-framed building that is temporary. What makes it “temporary” is the fact that it can be dismantled and relocated as and when you need. They still have a long life-span. The advantages that come with this option includes the savings on all aspects of building. There are not requirements for specific groundwork, only hard standing is needed to erect the building on. The level of disruption to the business is quite minimal as it only takes around 3-4 days to put the building together. The lead time for getting the building on site is usually 2-3 weeks. This means that it can add value to a building much faster than other building types.
A temporary building is quite cheap compared to traditional or steel framed buildings. Tie this in with the low costs of building and installation and it becomes quite an attractive option to many warehouse managers. It’s a complete winner in terms of financial benefits and there is an added advantage that it can be hired to reduce any capital exposure.
Making the Right Choice
Deciding on what will be the best investment solutions to maximise your warehouse storage space can be tricky. However, taking the time to make the right choice can certainly pay off. Every option we have mentioned comes with their merits and each one suits particular plans. A temporary building does come with significant advantages in terms of both cost and time, so it is always worth considering that as part of any expansion plan.
Get in touch with Monarch Shelving Ltd
If you would like to get the most out of your warehouse storage space, then look no further. Monarch Shelving Ltd have a wonderful range of warehouse storage solutions that are designed to expand your space and increase workplace efficiency. Get in touch to learn more about the products and services we have to offer.
