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.
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.
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.
Over the last few years, the dedicated Space Centre Self Storage team has taken part in a number of events. While cycling for charity was the main reason for many, this year Lucinda Dangerfield is doing it as a personal challenge. July sees two main cycling events and a fantastic opportunity for you to give something back.
Lucinda has been training extremely hard and although she feels more prepared than last year, it’s still a big challenge. Apart from raising funds or awareness for various charities, her aim is to Continue reading →
The UK self storage industry is flourishing and in keeping with demand, we’re expanding our Stroud storage facility. It really takes us back to when we first opened in 1995. We started out with just 20 storage units where we now have over 300. It shows just how far Space Centre Self Storage has come and we have all of you to thank for that. Continue reading →