An industrial estate in the UK is a kind of real estate development area specifically designed and zoned to house industrial and manufacturing buildings. They are in most cases located some way from residential and commercial areas, and in locations where the land is relatively inexpensive. Industrial estates are now common around the planet and have been around in history since the time of the Industrial Revolution in England. Modern industrial estates are commonly located on the outskirts of the main residential area of a city or town, and are usually provided with good transportation access, including road and occasionally rail.
An Industrial estate is an area of property that will typically include such places as warehouses, light manufacturing buildings, factory and office multi-use buildings. For example, Industrial Units in Wigan, has facilities that can be utilised for research and development, product production and service, plus the storage and distribution of certain goods. Leasing a commercial space is more complex than leasing a flat or a house. A commercial lease doesn’t have a standard lease form, and you’ll need to sign a commercial lease agreement.
Selecting what is Right for You
There are many differing kinds of industrial unit space such as the Industrial Units, and before you start to search for property you should take note of exactly what type of property will best fit your needs. Usually, industrial property is allocated into three categories: warehouse property, manufacturing property, and flexi (mixed use) property. Inside these categories there are diverse types of industrial property, so knowing exactly what your business’s needs will be, will definitely help to determine your property type. Such as:
Manufacturing Facility – This property is used for creating, converting, or assembling materials
Warehouse – This type of accommodation is used for storage and/or distribution.
Distribution Facility – A specialised type of warehouse that deals with the distribution of goods, instead of creating or assembling them.
Lorry Terminal – Another kind of distribution facility where goods are moved from lorry to lorry. No manufacturing or storage take place in this type of facility.
Flexi facility – This is a mixed-use facility, which can be used for multiple businesses of varying natures or a solo business that can use the property for multiple purposes.
Service centre/showroom – This flexi facility is associated with machinery and vehicles, and can be comprised of repair facilities, a showroom for various product models, or both.
In addition, some estates may also have a specific theme to attract interest, such as being specifically eco-friendly or leaning towards a specific kind of industry. In some areas, industrial estates designed for high-tech industries received strong popularity in the 1990s, because they offered unique benefits such as high-speed broadband Internet connection at a time when it was still quite a rarity in the private sector. And so, now you know what an Industrial estate and unit are all about, you can now do the research for exactly what you require and get to work! Good luck!