For some time now, the Space Centre Self Storage team has supported various charities and as mentioned in a post from June this year, Lucinda was training hard for the 2018 Ride London. While the events are always a lot of fun, this year proved more challenging mainly because of bad weather. We take a closer look at the Prudential Ride London and how the event unfolded. Lucinda also shares some valuable cycling tips for those interested in starting out. Continue reading
In February this year, we announced the expansion of our Stroud self storage facility and we are near the end. With the self storage industry growing incredibly fast, it was important for us to meet the ever-increasing demand.
Expanding the Stroud self storage facility seemed challenging at first with some strict planning requirements. The property we purchased is home to an old mill and we wanted to avoid any environmental issues while retaining the building’s original character. In order to do so, we refrained from making any major alterations and used cladding on the outside. Continue reading
Looking at the flourishing self storage industry in the UK, it becomes clear that more people rely on storage facilities. The fact that people generally use self storage at critical stages of their lives makes all the difference. This can include anything from moving, downsizing, starting a family, kids going off to Uni or starting a business.
Whether we like to admit it or not, most of us simply have too much stuff but not enough space. Storage at most homes and small businesses is limited so people have to make alternative arrangements. Contrary to what some may believe, self storage is possibly the safest, easiest, most affordable and flexible solution. Continue reading
Shipping containers offer a great opportunity for self storage facilities to start, or grow, a business without having to build anything. Chances are that you will find rows of converted shipping containers at most larger self storage facilities.
Did you know that standardised shipping containers have been used for storage purposes since the early 1950’s? It became a popular method for storing construction equipment and temporary event storage around the time when the first vessels were built. Today, shipping containers are widely used for a number of different purposes including self storage facilities worldwide. Continue reading
The uncertainty around Brexit combined with fewer foreign buyers and a higher stamp duty is affecting the UK housing market. For the first time since 2009, the country is experiencing negative growth and not even self storage facilities are exempt.
Late last year, economists predicted that a range of factors could impact house price growth in 2018. These include continued economic and political uncertainty over Brexit, the possibility of further interest rate hikes, falling real wages, weak consumer confidence and mortgage affordability. The Land Registry reported that the average house price growth in the UK, until April, was just 3.86 per cent. At the same time, the Royal Institution of Chartered Surveyors found that the level of homes on the market has remained constant at a record low for more than a year. Continue reading