Industrial Properties To Let

For many property investors, industrial properties are the entry point to the commercial property industry. Industrial property is a simple, straightforward type of property with hardly any complexities. The property buyer will need to sort through a few things first before buying any industrial properties to let out again. Stable tenants is a must, so make sure you check out all the potential candidate’s credentials and references before deciding on someone.Many investors look to purchase and to lease their properties to major industrial businesses under long-term net leases. In long-term net leases, these major business tenants would usually control and pay the property outgoings direct. Property outgoings are usually basic, but there is an essential checking process needed to ensure that the tenant is paying the outgoings on time. The landlord should not just assume that his tenant has automatically been paying the outgoings, otherwise should the tenant have been defaulting this will only cause a big mess for the landlord. Rates and taxes are for the landlord to pay.As the owner of the property you will need to set achievable rentals before letting your property out. So in order to have a good stab at this, I would suggest you consult with an industrial property broker who will have good knowledge on your business area and will be able to advise you according to the current trends of the market, etc. He will also know more or less what rent you can expect depending on the size of your property and the location of your property and if it is close to access points and if it is easily accessible for the public, etc. when someone is looking for industrial properties to let, they will be looking for certain things as well, such as the location of the property, if it is close to transport links, ports, airports, and rail heads, especially if their business uses these lines of transport.An industrial tenant will need basic, traditional warehouse space and this should include quality height, size, loading and unloading facilities, quality office space to support industrial operations, plenty of car parking for staff and customers, hardstand areas for operational flexibility, and high levels of security to protect the tenant’s goods and their operation.Remember, industrial tenants today are more knowledgeable with regards to what they ought to expect from industrial properties and will be more demanding on their selection of industrial properties to let. The investor should therefore select a property that has all the elements of property usage that tenants expect in the local market. Tenants are aware of the fact that the property will have an impact on operational costs and end up affecting the bottom line of their business and so tenants will choose a property well as a consequence.