Self Storage Investment
Secure, Asset Backed Invesment
Self Storage was first established in the UK in 1980’s, initially in the London area. The industry has continued to grow steadily and Self Storage facilities can be found in every major town and city throughout the UK.
This growth has been fuelled by the growth of multi-site operators such as Safestore, Big Yellow, Access, Lok’n Store and Shurgard as well as smaller businesses looking to enter the sector.
Demand for storage facilities has historically exceeded all targeted projections and demand is still increasing. There are a number of reasons why both consumers and businesses are increasingly turning to Self Storage.
The UK Self Storage industry has remained resilient and continued to grow throughout the recent economic slowdown. In comparison, other commercial property sectors have seen a sharp decline during the recession and subsequent economic slowdown.
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Diverse customer base
Self Storage facilities often have a range of business and private customers.
No single, big renter
A self storage facility can have upward of 300 different customers.
Regular Price Increases
Rental rates can be managed on a monthly basis rather than yearly.
Low traffic levels mean that a self storage facility needs little maintenance and only 2/3 members of staff.
Sector has proven resilient due the high number and diversity of self storage customers.
With just 0.5ft² of storage space per person the UK is still a long way behind the US, with 7.3ft², and Australasia with 1.4ft².