New business ideas for a 10,000 SQFT industrial unit?

[BeastCoast]

We currently have the option to take a 10,000 SQFT industrial unit plus outdoor yard space at a VERY reasonable price after factoring in business rates, dilapidations etc...

We have a few ideas on what we could do with the space - 3PL, self storage etc... however I wanted to run this past the business minds of PH for potential ideas we may not have thought of

We are currently in the ecommerce/digital marketing space, however, we have various different backgrounds and feel we could turn our hand to most industries, so nothing is off the table!

We may even start a running thread/blog on here to keep you to up to date on the new venture

[sjc]

There seems to be a constant shortage of car storage places?

[pidsy]

sjc said:

There seems to be a constant shortage of car storage places?

Dependant on location, could be an interesting proposition.

[BeastCoast]

sjc said:

There seems to be a constant shortage of car storage places?

Any idea of what people are willing to pay for indoor and outdoor storage?

Our concern would be we wouldn't be making full use of the space/height but something to consider

[Truckosaurus]

BeastCoast said:

Our concern would be we wouldn't be making full use of the space/height but something to consider

You can get car stackers for parking cars on-top of each other - but then that's a whole other level of investment versus parking 'on the floor'.

[Saleen836]

There is a place local to me that do storage for supercars (or any car really) this is what they charge....
https://www.fivezeros.co.uk/storage/

[Dave Hedgehog]

Truckosaurus said:

BeastCoast said:

Our concern would be we wouldn't be making full use of the space/height but something to consider

You can get car stackers for parking cars on-top of each other - but then that's a whole other level of investment versus parking 'on the floor'.

to do it properly your going to need benpak autostackers, ctec chargers, some dewalt tools so you can swap winter and summer tyres and assemble legos, and access to topaz so you can get them washed and PPF wrapped for the owners.


Matt Farah has done it properly

https://www.youtube.com/watch?v=tpclJtCTA2E

Edited by Dave Hedgehog on Tuesday 9th May 14:31

[Truckosaurus]

Dave Hedgehog said:

...
Matt Farah has done it properly ...

Although his prices are eye wateringly 'proper' as well.

Certainly not in the £40-50 a month bracket of the 'Five Zeroes' club linked above.

[robdcfc]

Build some rooms in it and turn it into a swingers club?

Sounds stupid but the one in our local city must make a few quid its got 38 rooms I believe.

Hes been in the local paper advertising it recently as they have just moved premises

[sjc]

Dave Hedgehog said:

Truckosaurus said:

BeastCoast said:

Our concern would be we wouldn't be making full use of the space/height but something to consider

You can get car stackers for parking cars on-top of each other - but then that's a whole other level of investment versus parking 'on the floor'.

to do it properly your going to need benpak autostackers, ctec chargers, some dewalt tools so you can swap winter and summer tyres and assemble legos, and access to topaz so you can get them washed and PPF wrapped for the owners.


Matt Farah has done it properly

https://www.youtube.com/watch?v=tpclJtCTA2E

Edited by Dave Hedgehog on Tuesday 9th May 14:31

In fairness might not need all that.Plenty of people with running classics that don't want or need everything top end, but do want to put their cars away for the winter and have it moved about and started a few times over that period?

[Dave Hedgehog]

sjc said:

In fairness might not need all that.Plenty of people with running classics that don't want or need everything top end, but do want to put their cars away for the winter and have it moved about and started a few times over that period?

of course, its a good idea of what can be done, you can then trim it to your own specification

[48k]

BeastCoast said:

sjc said:

There seems to be a constant shortage of car storage places?

Any idea of what people are willing to pay for indoor and outdoor storage?

Our concern would be we wouldn't be making full use of the space/height but something to consider

I looked in to doing car storage a few years ago (before covid). Edit: Yikes! It was 2016

Fag packet maths on the thread here: https://www.pistonheads.com/gassing/topic.asp?t=16...

Summary was I couldn't make the maths work if I was renting a unit. The successful car storage places already owned premises (family farm with spare barns, that sort of thing).

If you have got a very very good deal on the rent it might work for you, but that thread might also give you things (costs) to think about that might not have considered.

[Dave Hedgehog]

Truckosaurus said:

Although his prices are eye wateringly 'proper' as well.

Certainly not in the £40-50 a month bracket of the 'Five Zeroes' club linked above.

would be a better return to sell the land to a developer, NCP charge £35 a day to park

[The Moose]

I’m sure you could come up with something to produce a better return than storing cars.

[egor110]

Lease it to farm machinery dealers .

They need loads of space because everything is big and heavy and need height so a combine can be driven into the workshop bay.

[Zephyr Speedshop]

48k said:

BeastCoast said:

sjc said:

There seems to be a constant shortage of car storage places?

Any idea of what people are willing to pay for indoor and outdoor storage?

Our concern would be we wouldn't be making full use of the space/height but something to consider

I looked in to doing car storage a few years ago (before covid). Edit: Yikes! It was 2016

Fag packet maths on the thread here: https://www.pistonheads.com/gassing/topic.asp?t=16...

Summary was I couldn't make the maths work if I was renting a unit. The successful car storage places already owned premises (family farm with spare barns, that sort of thing).

If you have got a very very good deal on the rent it might work for you, but that thread might also give you things (costs) to think about that might not have considered.

exactly this, in mot sure on the size. but our unit we would gent maybe 5 cars inside. and at those prices we would only just cover half our rent.

my idea would be to split it up into seperate units/workshops, that you could let inderpently to start ups. I run a vinyl wrapping buisness and before we found this spot there was very little availible under the rateable area that wasnt an office. all of the startups that arent office based really stuggle to find decent places.

Edited by Zephyr Speedshop on Tuesday 9th May 17:00

[classicaholic]

Where is the building?

[Rob_125]

Indoor go karting places seem to do well. Or as other have said, car storage (maybe with a service of managing maintenance/tax/insurance/roadworthyness)

[Getragdogleg]

Big indoor kids soft play zone. Licence to print money once set up. Our local one the owner is minted.

[BeastCoast]

The Moose said:

I’m sure you could come up with something to produce a better return than storing cars.

This exactly our thinking atm. Storage is not off the table but we would rather roll the dice & invest time in learning a new industry that could net us larger returns even if the day to day is more involved