Self Storage For Sale

Who would have imagined seeing self-storage facilities popping up all over the UK, much like fast-food restaurants? Even a few years ago, many self-storage users had no idea they could expand their use of the product to store boats and RVs, wine, art, business records, and all manner of property considered too valuable to throw away. Now the idea has been embraced by entrepreneurs and consumers across the Atlantic and the Pacific especiall in self storage in UK.

In the United Kingdom and Europe, the majority of self-storage customers are residential. House movers probably account for 50 percent of the entire market and outside London and major European cities, “the lifestyle” customer is pretty much nonexistent. If half of the self storage in UK marketplace is those moving from home to home, it’s scary to think people are getting nervous about over-inflated property values. The average European is heavily in debt and why not? Debt is cheap at the moment. Interest rates are low, but for how much longer? Self Storage In UK.

In the past, the storage industry may not have been viewed as glamorous or worthy of attention, but that perspective is quickly changing. Some of the world’s richest investors are seriously looking at the self storage in UK business. With legendary hedge-fund guru George Soros already trading a share in the market for A?40 million, it must have value. And when a company like Mentmore PLC has 53 storage sites in Europe and the United Kingdom, it further illustrates the potential growth and stability of the industry.

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