A walk-in cold room is a significant expense whether you choose to rent or buy. Both options have their advantages and disadvantages, so here is a look at the factors that can help you decide how best to cover the cost of a commercial walk-in cold room.
The Advantages of Renting
The most obvious advantage to renting is that you can spread the cost of your cold room. Commercial walk in cold rooms range in price from around £2,000 to in excess of £6,000, which is a lot of money to find, especially if you’re just starting out. Instead of paying upfront, rental will cost in the region of £125 a day. This can help you budget more effectively. Renting is also a good solution if you need the extra storage on a temporary basis or you run a seasonal business.
An added advantage is that your rental package will include routine maintenance. It’s vital that your cold room complies with temperature control laws, and regular maintenance is a key part of ensuring food is stored safely.
The Advantages of Buying
In many cases, buying your cold room will work out to be more cost-effective over the longer term. If you have a need for increased cold storage, short-term rental is probably not the most economical option. Buying your cold room from a reputable supplier, such as https://www.fridgefreezerdirect.co.uk/cold-rooms, will ensure you get a top-quality unit that meets the needs of your business.
While maintenance might not be included with your purchase, your unit will likely come with a parts warranty and aftercare. This could include a helpline and access to qualified engineers who will come out if there’s a problem. Even if this incurs an added cost, it might still be a preferable option.
What About Leasing?
If neither rental nor outright purchase are right for you, leasing your cold room might be an option worth considering. Lease agreements can last for several years and may give you the best of both worlds – spreading the cost while offering a long-term cold storage solution.
Ultimately, it comes down to the needs of your business. There are options to suit all budgets, so take some time to work out exactly what you need and to decide whether rental, lease or purchase will work out cheaper over the longer term.