Skip to main content

Can I Buy or Rent Used Modular Buildings?


When the term ‘used’ comes into the equation, there can be many doubts in the buyer’s mind. Will it be reasonable to rent? Often, the notion of used modular buildings becomes an important value proposition. While you may be apprehensive about purchasing or renting used modular buildings, it is reasonable to consider the benefits.

The question should not be ‘can you’ but rather ‘why should you’ when it comes to renting or purchasing used modular buildings. Here are some of the important business benefits of purchasing or renting used modular buildings for expanding your business.

Cost Benefits

The foremost benefit that you can get with used modular buildings is cost. You get additional facilities, capacity and space within limited time and that too with the assurance of verification of the buildings. Buying or renting a used modular building also brings you a comparatively lesser cost burden in comparison to new buildings. As a result, you can keep the costs down while expanding the available working capital.

Temporary Respite for Expansion

If you don’t go for buying and settle for renting a used modular building, then you have access to temporary solutions. In the meantime, you can work on development of traditional structures or wait for the availability of suitable business premises.

Tax Benefits and Cost Management

Renting used modular buildings helps in efficient cost management. The fixed price rental agreement can help in knowing the exact amount you have to spend, thereby supporting you in controlling expenditure. Additionally, you can also ensure effective budget management alongside deriving accurate forecasts for your future cash flow. Most importantly, renting modular buildings offers comprehensive tax efficiency for private businesses as it usually fits within the description of revenue expense.

Designed For Your Needs

Most important of all, purchasing used modular buildings offers long-term space tailored specifically for the operational needs of your business. With a building designed to fit your needs, there is no reason to worry about the future value of your investment.

How to Make the Decision about Modular Buildings?

Although you may notice the different benefits of purchasing or renting used modular buildings, it is important to consider certain factors before making a decision.

●       The major concern points towards deciding to purchase or rent a used modular building. Your business requirements would play a crucial role determining which is right for you.

●       The next crucial factor is the term length for which you need the modular space. Renting is suitable for term lengths between 6 months to 36 months, and purchase is usually suitable if the term length exceeds 36 months.

If you are considering acquiring used modular buildings, contact relocatablebuildingsystems.co.uk for expert advice on what options would suit your company’s needs best.   

Labels:
Location: Derby, UK

Comments

Post a Comment

Popular posts from this blog

How modular buildings can impact academic success?

Let me ask you a question. Where do children spend most of their productive time? Is it at home or at school? Schools are not just buildings where your child goes and comes back with a bag full of work. It is a platform which gives these budding stars a kick to excel in their lives and touch the sky. Imagine, what will kids do in a dungeon-like, claustrophobic environment , or one that doesn’t have access to adequate sunshine? Don’t you think it would affect their learning capabilities and focus during class? To prevent this, modular buildings are a sure solution for schools that can have a considerable impact on your childrens’ academic success. Here are a few ways how: ●        Low cost and additional space: Can you afford to keep kids glued to the table and chair for 8 hours at a stretch? It would be grossly unfair to ask for this of them, and even unhealthy. Let them roam around on the campus, swap classrooms and explore the school. This is poss...
Post a Comment
Read more

Here’s why healthcare needs modular construction

The increasing popularity of modular construction in the healthcare field is quite evident after many top medical institutions acknowledged the same in recent times. The modular units get built within a temporary manufacturing unit established near to the original construction site. Once the construction gets completed it will be delivered and installed on the site to meet up with the pre-derived hospital project. Keep reading as we list out some valid facts that will let you understand the need for the healthcare industry to incorporate modular buildings into their upcoming establishing projects. Cost-effective: As the overall process behind modular construction gets completed in a short span, the kind of cost involved in acquiring them shall be minimal as well. Starting from the on-site access cost to the labor cost, maximum construction costs can be reduced. If at all a healthcare facility has been built following the modular construction method, they shall get to function at th...
Post a Comment
Read more

Is modular construction cheaper than traditional construction?

If you were told that construction is no longer burdensome and taxing will you buy the statement? The obvious answer would be, “It is not possible”. The reason is that we have seen construction as an on-going process which takes ages to compete and take a lot of time and resources. But with tremendous developments and advancements happening in the field of construction, the conventional methods have now given way to modular construction, and this has brought oodles of ease, durability and convenience for those who who want to get the construction done quickly and effectively. What is modular construction? Modular construction is the construction process in which modules are constructed in the manufacturing facility, which is offsite. These modules are then reassembled at the construction site to complete the look. The thought that modular construction means a compromise on quality and durability would be grossly unfair because the same kind of material used in the conventional me...
Post a Comment
Read more