Industrial and logistics rent reviews are generally analysed using overall floor-area rates, but buildings with similar floor areas can have materially different rental values.
Building specification
Eaves height, loading doors, power supply, office content, heating, age and condition can influence rental value.
Yards and site characteristics
Yard depth, circulation, parking, site coverage and loading arrangements can be important, particularly for logistics and distribution uses.
Location and access
Motorway access, labour supply, estate quality and proximity to customers or population centres may influence rental tone.
Mezzanines and tenant improvements
Additional floors, offices or other tenant works need careful treatment. Whether they form part of the hypothetical premises or are disregarded depends on the lease and circumstances.
Comparable evidence
Modern logistics units, older industrial estates and trade-counter premises can sit in different rental markets even within the same locality.