If you are planning on investing in a temporary building, you will certainly be curious to know about the costs. You have heard that they cost significantly less than permanent buildings, but exactly how much you have to pay to won or rent one?
Many people know about temporary buildings and have probably seen one of a few. However, until they get into a situation where there require one, they may never have been curious about them. Businesses and even institutions may require temporary structures for the following reasons:
- Hosting an event such as a party or sporting event
- To create extra space
- To use temporarily as a permanent building undergoes construction
- When your business premises is being repaired or remodeled
- When an institution such as a school needs extra classes fast
It is not easy to give an estimate offhand as there are a number of variables to consider. However, estimates may be based on the basic structure or square meters.
Guidelines Costs and Variables
Naturally, how much your temporary building costs depends on whether you are buying, hiring or renting it.https://smart-space.co.uk/ gives you some guidelines on what to expect.
Hiring a Temporary Building
The rules of hiring apply to temporary buildings just like they apply to other hire contracts. Therefore, the longer you hire your building, the lower the costs. You may be required to pay anything from $300 for a basic storage unit. A canopy would cost approximately the same amount.
Other factors to consider that will affect costs include:
- The size of the building
- The inclusion or exclusion of insulation
- Number and types of doors
- Number of buildings
- Heating and lighting
You may also be required to pay for transportation, installation, dismantle and removal of the building. These are costs that may be difficult to estimate because they are dependent on location as well as the equipment used and labor.
Buying a temporary building
Do not let the term ‘temporary’ confuse you. Temporary buildings can be used for long-term requirements. Therefore, buying one or a few is not a waste of funds. They are built to withstand the elements and meet the UK snow loadings and wind force. They are built to last at least 15 years but can last a lot longer than that.
How much your temporary building costs will depend on the specifications, but you can purchase a small one for as little as $13,000. To this, you may be required to add transportation and installation costs unless you can DIY.
Benefits of buying instead of hiring include:
- You acquire an asset that you can use whenever you need it or even sell it if it no longer serves any purpose.
- There are no dismantle and removal costs.
Conclusion
Temporary buildings are cost-effective and they are built fast. You will, therefore, have your building ready for use in weeks or even days depending on whether you are buying or hiring. This is definitely an advantage over waiting for a permanent building to be constructed as this can take months or even years.
