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- Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals.
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Nov 14, 2018 · There are now around 1,500 self-storage sites in the UK, with use of them up almost 9% last year on 2016, according to the most recent industry figures from the Self-Storage Association UK (SSA).
- Part 1: A Quick Look at The UK Self Storage Industry
- Part 2: Self Storage Facilities in The UK
- Part 3: Self Storage Customer Information
- Part 4: Self Storage in The UK During The Pandemic
- Part 5: How Do We Stack Up Against Us Self Storage?
Annual Turnover – £890MTotal Available Self Storage Space in the UK – 50M sq. ft.Total Number of Self Storage Facilities in the UK – 1,997Average Rentable Storage Space Per Person Based On UK Population – 0.74 sq. ft.easyStorage – 84Henfield Click+Store Ltd – 72JamVans Storage – 28Britannia Beckwith – 1943.3%of self-storage customers in 2020 have used self-storage previously.The age range for most self-storage customers is 40-70 years old. Furthermore, 41% of this majority are in the 50-65-year-oldage range.More males (57.3%) take out a self-storage contract for domestic use as compared to females (42.6%) and others (0.1%).Retail, professional services, and nonprofitsare the most common businesses that use self-storage units.80% of self-storage operators believe that the pandemic has improved their business. There was no significant decline in occupancy after the lockdown was lifted. In fact, many operators have notice...
Annual Turnover – $39.5B (£30.01B)Total Available Self Storage Space in the US – 1.9B sq. ft. 4Total Number of Self Storage Facilities in the US- 49,233Average Rentable Storage Space Per Person Based On US Population – 5.9 sq. ft.Aug 15, 2022 · In fact, three-member households (46%) are the most likely to rent a storage unit, followed by two-member ones (43%). 34% of single-member households declare themselves to be self storage users. Furniture is the most commonly stored item, followed by clothing
Jun 26, 2024 · According to the Self Storage Association’s (SSA) Annual Self Storage Report 2024, self storage is used primarily by residential customers, who rent 75% of units in the UK. Meanwhile, the majority of commercial customers (61%) are small businesses with just one to three members of staff.
May 16, 2023 · Self-storage companies, such as Big Yellow and Safestore, grew their revenues by 6.5 per cent to £990mn last year, according to analysis by Cushman & Wakefield, with demand for storage units...
Jun 13, 2024 · Between 2018 and 2024, the popularity of self-storage in the United Kingdom (UK) increased and the share of people who used self-storage rose from 1.29 percent to three percent.
Jul 25, 2024 · Storage companies are snapping up vacant commercial spaces abandoned after the pandemic. Meanwhile, as rents rise, consumers and business are looking for cheaper storage options.