How much does a Goods lift cost?

Goods lifts are essential for safely moving large, heavy, or bulky items between different levels of a building. The cost of a goods lift can vary significantly depending on the specifications required for your particular application.

A standard goods lift, including design, manufacture and installation typically starts at around £18,000. However, several variables can influence the total cost, including load capacity, lift height, platform size, and any customisations or additional safety features required for your operations.

Here are some of the key factors that can affect the overall cost of your goods lift:

1. Load Capacity
   Goods lifts are available in a range of load capacities to accommodate different operational needs. Lifts designed to carry heavier loads, typically ranging from 1,500 kg to several tonnes, can cost more due to the need for stronger materials and more powerful lifting mechanisms.

1. Height Requirements
   The number of floors or the total height the lift needs to cover directly can impact the cost. For example, lifts designed for two levels will generally be less expensive than those covering multiple levels or very tall mezzanine structures. Additionally, lifts with more stops may require more advanced control systems, adding to the overall expense.

1. Platform Size
   The platform or cage size is another crucial consideration. Larger platforms that can carry wide or long loads may require a stronger structure and additional materials, which can increase the overall cost. Standard lifts can accommodate most needs, but if your facility requires an extra-large platform, this can be customised.

1. Bespoke Features and Customisations
   Some operations require custom solutions, such as specific finishes to meet industry standards (e.g., food-grade materials for food processing facilities), specialised door configurations, automatic loading and unloading systems, or enhanced safety features. Each of these customisations can add to the overall price of the lift.

Installation costs can also vary based on several factors. The complexity of the installation, including the building’s structure and accessibility, can influence the price.

It’s also important to consider the environment in which the lift will be installed. Industrial environments that require special conditions, such as hazardous or explosion-proof lifts, will incur additional costs due to the specialised components and safety measures required.

Purchasing a goods lift is an investment. The long-term benefits often outweigh the initial investment. Here are a few reasons why investing in a  goods lift can offer long-term savings and operational improvements:

• Increased Efficiency
  Goods lifts streamline the movement of products or materials between floors, reducing downtime. This allows employees to focus on other tasks rather than manually transporting goods, which increases overall productivity.

• Enhanced Safety
  Lifting and manually transporting heavy loads can pose serious safety risks to employees, potentially leading to workplace injuries. Installing a goods lift reduces the need for manual handling, minimizing the risk of injury and associated costs.

• Doesn’t require a dedicated licensed operator.
• As opposed to using a forklift truck to move loads between levels, a goods lift with automatic controls doesn’t require a dedicated licensed operator.

• Space Optimisation
  By utilising vertical space with an upper or mezzanine floor, businesses can optimise their facilities without having to move to larger, more expensive premises. A goods lift complements this by providing easy access to different levels, allowing for more efficient use of available space.

• Reduced Operational Costs
  Over time, a goods lift can help reduce labour costs by automating the movement of goods between levels. This not only saves time but can also reduce wear and tear on manual handling equipment, further lowering maintenance expenses.

One important financial consideration when installing a goods lift is the potential tax benefits. In the UK, businesses may be able to claim capital allowances on the cost of a goods lift installation. This means that the lift is considered an integral feature of the building, and businesses can deduct a percentage of the lift’s cost from their taxable profits, reducing the overall tax liability.

If you rent the property, you may still be eligible for this allowance. It’s advisable to consult with an accountant or visit the Gov.uk website for more detailed information on capital allowances.

To ensure you get the right goods lift for your facility, it’s essential to ask the following questions during the planning process:

• What is the maximum load capacity required for your operations?
• How many floors will the lift serve, and what is the total height?
• Will you need custom features or specific safety measures based on your industry?
• What are the installation requirements for your facility?
• Are there any environmental considerations, such as hazardous conditions, that require specialised equipment?

If you are considering installing a goods lift but are unsure where to start, our team at Advanced Handling is here to assist. We provide a wide range of goods lifts that can be tailored to meet the specific needs of your operation. Whether you’re looking for a standard solution or a fully customised lift, we can guide you through the entire process, from selecting the right model to installation and aftercare.

We offer a free consultation service to help you understand your options and make informed decisions about the type of lift that best suits your needs. After an initial discussion, we can provide a budget estimate for your project. If you’re satisfied with the budget price, we’ll proceed to develop a formal quotation, detailing the specifications of the goods lift and installation requirements.

At Advanced Handling, we are the UK’s leading goods lift manufacturer. Visit our website to browse our full range or contact our sales team for further information. We are always available to answer your questions and help you find the most cost-effective solution for your business.

Investing in the right goods lift can transform your operational efficiency, improve safety, and offer long-term savings. Let us help you find the solution that fits your requirements.