Choosing a high-quality warehouse and factory for rent in Thailand (โกดังและโรงงานให้เช่า ประเทศไทย, term in This) is a crucial first step in starting a profitable business in the country. Your company’s reputation, credibility, and branding can be communicated to your staff, suppliers, and consumers through the warehouse or factory you’ve picked. Choosing the right location allows your staff to work comfortably which can have a beneficial impact on their overall performance.
Helpful Guides for Renting a Warehouse in Thailand
Evaluate the functionality
Once you have identified a few suitable locations, the next step is to make sure you consider the warehouse or factory’s functionality. Some of the things you need to carefully keep in mind are the overall condition of the building, the height and its dimensions, the available parking spaces, loading capacity, the condition outside, especially the road width, and other important features you feel are necessary for your business. Additionally, it would be particularly advantageous if the location had easy access to a sizable pool of skilled personnel.
Additionally, it would be beneficial if you took into account the neighborhood in which your rental factory or warehouse is situated. A highly industrialized area is the best location. You are less likely to run into problems with the locals if you are in an industrial region. More so, the building needs to have fire safety features including sprinklers, smoke detectors, fire extinguishers, and fire alarms. These essential elements can enhance the sustainability of your business and help prevent future issues.
Know the lease agreement/rental agreement
Make sure you check the rental contract, especially its terms after choosing the appropriate factory or warehouse to rent. The chosen property must comply with Thai zoning regulations. For instance, you can use certain assets exclusively for storage needs. It would help a lot if you consult a professional, someone experienced in property rental in Thailand, specifically the one specializing in factory and warehouse rental. Should there be any issues with the rental property, the owner must make necessary repairs and renovations before you conclude the rental agreement. You should properly grasp the maintenance charges, utility prices, and other relevant costs. There should be clear instructions on who will be the one responsible for damages to property. The typical warehouse or factory rental agreement in Thailand lasts for at least three years. Hence, it is a must to thoroughly read the terms and conditions so you will know what you are up to.
Watch out for underlying expenses
Some landlords may charge other fees in addition to the rental rate. For instance, they might impose surcharges on your electricity bills, insurance payments, and parking costs. Before signing the rental agreement, you should fully understand these fees. Additionally, based on the terms of the landlords, you can be required to pay for other associated taxes like value-added taxes and property taxes. In order to choose the best rental home, you need to think about these costs before making your final decision.