Owning a private warehouse is an urgent need for every business, from small to large scale. Because this type of infrastructure helps business owners store goods conveniently and inexpensively to provide customers when needed quickly. At the same time, businesses can take advantage of it for storing raw materials or production. Let’s find out the demand for small warehouse rental in Vietnam with KTG Industrial!
What is a “small size warehouse for rent”?
Simply put, small warehouse rental is a form of a warehouse rental service provider that designs small warehouses and factories, usually only 100 – 500 m². This helps new businesses entering the market or small and medium-sized businesses easily find a suitable warehouse rental price, saving maximum costs. In addition, these warehouses have the same quality, safety, utilities, location… as large warehouses, so this is an option that investors should not miss.
Types of small size warehouses are popular today
Below are the types of small-sized warehouses that business owners should know:
Small warehouse in industrial park
These warehouses and factories with compact design and rich utilities are often located in key industrial parks in each region, most popular in Hanoi and Ho Chi Minh City. Warehouse area ranges from 100 – 500 m² with stable rental prices, optimal for small and medium-sized businesses.
Warehouses in industrial parks help investors connect with other units conveniently
Small warehouse in the city center
If business owners want to have a warehouse right next to their main store in the city center, they cannot ignore this type of warehouse. Similar to warehouses in industrial parks, these warehouses also have a compact area and are fully equipped with necessary amenities. However, because the location is often in a convenient trading area to the districts and counties in the center, the rental price will be “higher” than warehouses in industrial parks.
Small suburban warehouse
To save business costs, business owners can also refer to small warehouses in the suburbs. The area of this type of warehouse is between 500 m² and 1,000 m², creating favorable conditions for investors to store large quantities of goods. However, the route to move goods from the warehouse, factory to agents/consumers in the center is not invested much, so it may be difficult.
Advantages of renting a small size warehouse
Renting a small warehouse or factory is currently a new trend that many business owners love because of the following outstanding benefits:
Save costs
The rental price of a small-sized warehouse is of course much lower than that of a medium or large size (often found in key industrial parks in Vietnam). At the same time, when renting long-term (for many years), the leasing unit also has many preferential policies. Therefore, new businesses or small and medium-sized units can easily optimize costs and take advantage of the remaining money for other sales plans.
Renting a small warehouse saves more costs than a large size
Flexible in changing area
Investors can easily change the warehouse area according to their needs. For example, when revenue increases and the demand for goods to be stored increases, business owners can expand the warehouse to meet the needs. On the contrary, if they do not have to store as many items as before, the investor suggests that the supplier reduce the area to save costs.
Utilities and infrastructure are already in place
Although the warehouse area for rent is smaller, the quality and utilities are as good as other warehouse and factory models. Therefore, investors can use the warehouse and factory for their business activities immediately upon receipt without having to pay any additional costs.
Optimize production process
If choosing a warehouse area suitable for their business scale, investors do not have to spend too much on labor costs, rental fees, maintenance fees for machinery in the warehouse, etc. Not only that, the more compact the warehouse, the easier and faster the warehouse – warehouse import process is to perform, so it also costs less to rent a truck than before.
Increase storage space
When choosing a small-scale warehouse, business owners will have an accurate import – export plan. At the same time, investors can also monitor the status and quantity of each item more easily. This helps business owners optimize costs while still ensuring that sales and production activities take place smoothly and conveniently.
Criteria when looking for small warehouse for rent
If business owners are interested in small-scale warehouses and factories but do not know how to choose appropriately, then rely on the following useful factors:
Area and connected storage
Of course, warehouses in the suburbs always have lower rental prices than in the city center. However, the road system in suburban warehouses may not be as good as in the city center, so transportation takes more time and costs more. At the same time, investors should look at how neighboring warehouses and factories operate to make the best choice.
The location of the warehouse and the ability to connect to other warehouses and factories are important factors in choosing a warehouse that business owners cannot ignore
Location and traffic
Business owners should consider warehouses and factories with convenient traffic locations, which may not be too close to the city center but must have convenient roads. This helps investors save the maximum cost of renting means of transport and ensure timely service to customer needs.
Utilities and infrastructure
Although the scale of the warehouse is small, the durability and quality must still ensure the necessary safety standards. In addition, all the interior furniture, utilities,… included inside are sufficient according to the needs of customers, according to state regulations so that the investor can conveniently put the warehouse and factory into operation immediately upon handover.
Which businesses should rent small size warehouses?
Small warehouses are a great choice for businesses that only need to store goods or produce goods on a small scale. In addition, investors who want to use warehouses to assemble machinery to support production activities can also consider this type of infrastructure. The reason is that small warehouses help them save the maximum monthly costs while still ensuring that the production and distribution process is stable and avoids interruptions.
Issues to pay attention to when renting a small size warehouse
Here are some important notes that business owners must know when choosing a small warehouse:
Warehouse rental contract
Investors should carefully read the information in the contract and only sign when they really understand all their rights and obligations. Thanks to that, business owners can trade goods smoothly, without encountering legal problems.
Warehouse rental costs
Based on the monthly costs that can be paid, business owners choose the appropriate warehouse rental price. Note that renting a warehouse/factory is a long-term business (many years), so investors must calculate carefully to ensure that they do not lose capital.
Security and safety
To ensure the safety of all goods stored in the warehouse, investors should consider security and safety factors. Specifically, business owners can check whether the warehouse entrance door has a camera installed, what type of lock is being used, what material the warehouse wall is made of and whether it is easy to break or not, etc.
Business owners should carefully research the safety when renting a warehouse
How to choose small size warehouse for rent in Vietnam
In addition to understanding the above criteria, business owners should not forget to save the following necessary steps to choose a warehouse:
- Step 1: The investor lists all of his/her necessary needs (such as desired warehouse rental price, required area, purpose of using the warehouse, etc.).
- Step 2: The business owner searches for information about all warehouses in the area he/she wants. Then create a comparison table of the advantages and disadvantages of each product to choose 1-2 most suitable options.
- Step 3: The investor goes to the actual location of the warehouse to check the quality. If possible, the business owner should contact an expert or lawyer to help select more accurate information about the warehouse and factory.
- Step 4: The business owner carefully reads the contract and signs it with the lessor.
Prestigious warehouse for rent solution from KTG Industrial
KTG Industrial provides warehouse rental services that meet international standards, suitable for many domestic and foreign businesses. With a team of highly qualified experts, we always strive to find the best warehouse location to help investors optimize costs and ensure stable and sustainable production and business activities. Not only that, all warehouses provided by KTG Industrial meet international standards, have high durability, helping businesses operate with peace of mind.
KTG Industrial’s staff is very professional, understanding the advantages and disadvantages of each industrial park
For more detailed information about KTG Industrial’s projects in key industrial parks in Vietnam, customers can visit the website https://ktgindustrial.com or contact email cs@bkim.sg and phone number +84 896 896 899!
It can be seen that the demand for renting small warehouses in Vietnam and internationally is constantly increasing. Therefore, business owners should quickly seize this opportunity to come up with appropriate investment strategies. Thanks to that, investors can recover capital early and expand their business scale in a short time.
