Industrial unit cost

[dontknowanything]

i was speaking to an agent today about a unit we are applying to build. It’s about 18x25m, fairly standard construction apart from a few extra doors. Will be insulated, needs electricity, plumbing etc. May need new concrete base too. He said build cost would be £1300-1400 per m2. That’s crazy money isn’t it????

 

[Kidds]

I don't know but it is the price usually quoted for a house build to a high standard.

 

[RWG Contracts]

i was speaking to an agent today about a unit we are applying to build. It’s about 18x25m, fairly standard construction apart from a few extra doors. Will be insulated, needs electricity, plumbing etc. May need new concrete base too. He said build cost would be £1300-1400 per m2. That’s crazy money isn’t it????

Yeah I’d say so. Probably £300 - £400 m2 start to finish. Rough guess

 

[S J H]

He's probably including his fees.

 

[Doing it for the kids]

And services?

I'm pricing up for several new on a site - the services will cost masses!

 

[dontknowanything]

And services?

I'm pricing up for several new on a site - the services will cost masses!

Electricity is £25k budget price from UKPN. Water we have on site, and probably sewerage too. Phone I can’t imagine will be too much

 

[Doing it for the kids]

Hmmm, ok.

Keep me posted, Interested to hear how this pans out.

I've gotta few your size and one a fair bit bigger

 

[Clive]

yes thats silly money David

 

[Doing it for the kids]

From memory I budgeted £100 / Psf which included services, that's just over £1000 / m2

 

[dontknowanything]

From memory I budgeted £100 / Psf which included services, that's just over £1000 / m2

That would be £450,000 for an 18x25m shed...!

Looking back at some notes from earlier this year, I had a quote for the building itself which was about £60k. That leaves £400k for some concrete and service connections. Think I may be able to do it for a bit less than that?!

 

[Doing it for the kids]

Yeah fair enough, I'll check what I was quoted, that could have been for houses!?

 

[Doing it for the kids]

yeah, ive allowed £60 all in so slightly out!

mine has 125k for electric and 18k for water though

 

[dontknowanything]

yeah, ive allowed £60 all in so slightly out!

mine has 125k for electric and 18k for water though

That’s an expensive electricity connection for one building

 

[Doing it for the kids]

900 kva

30,000 ft2!

 

[RWG Contracts]

That would be £450,000 for an 18x25m shed...!

Looking back at some notes from earlier this year, I had a quote for the building itself which was about £60k. That leaves £400k for some concrete and service connections. Think I may be able to do it for a bit less than that?!

I’m sure we’ve just done a 50m x 37m for about £650,000

That’s offices, mezzanine floor, concrete inside and out, toilets etc etc

Problem is that your service connections cost same no matter what size you put up. Lean on your service people and they’ll reduce cost

 

[MD @Minshall Buildings]

seems excessive !

send us your spec and we will price the total package for you........no obligation and at least you should have a good gauge from that.
[email protected]

 

[Doing it for the kids]

Can I do this too please on 5 units?!

 

[Forever Fendt]

That would be £450,000 for an 18x25m shed...!

Looking back at some notes from earlier this year, I had a quote for the building itself which was about £60k. That leaves £400k for some concrete and service connections. Think I may be able to do it for a bit less than that?!

£450 k You would buy one on an industrial estate ready to move in obviously including the land for that or less

 

[Doing it for the kids]

£450 k You would buy one on an industrial estate ready to move in obviously including the land for that or less

Yeah we have established this, that was my budget for resi!

Investor would pay 8-9% yield round here

 

[dontknowanything]

Problem is that your service connections cost same no matter what size you put up. Lean on your service people and they’ll reduce cost

On a related note, I've been given a quote from UKPN for a house electrical connection which is £40k - it's a long way from the nearest cable. How do I go about "leaning on them" to reduce that?