In current times of chaos and disorder, it is crucial to organize all our affairs in life to maintain sanity and attain as much productivity as possible from every second of our day. However, this can't be possible if you are constantly bombarded with clutter.
This is where storage units come into place. Storage facilities provide their clients with the option to store and stash away their belongings for a short-term or a long-term basis depending upon their needs. Sounds helpful, doesn't it?
You can simply book a unit where all your possessions will be stored away without any hassle. You won't have to worry about the safety of your belongings and you can fetch them anytime you like.
So, what's the catch here? The catch comes with the prices. A lot of these times, the prices of these storage units can be out of your budget range especially if you are a student looking for a temporary location to house your belongings.
This is why it is crucial to conduct an ample amount of research and to find the most affordable and cost-effective self storage service rates.
Down below, we have an elaborative guide to explain to you the prices work for different units such as SSO and what the average price per unit is. Without further ado, let's get into it.
Average Self Storage Service Rates
Starting off this guide we would present our readers with an overview of what the average rate has been for self-storage facilities in the United Kingdom. Understanding the rates of the market beforehand can save you a lot of trouble and you can avoid scammers, unreliable and costly facilities as well.
On average the average monthly cost of a small-sized storage facility in the United Kingdom will be £22 per week for a 50 sq feet space available. This rate, however, will go up depending on the number of days a unit has been rented.
To avoid directly jumping into a contract with any service provider, the trick is to talk to their customer representatives to get an overview of what their rates are. Chances are most reputable service providers such as SSO will provide you with a no-obligation quote for your storage needs.
To understand how much amount you should allocate for storage units, it is first essential to identify what it is that you plan on storing in these units.
If you are a student, a small 50 sq feet unit would work well for you since you will have a lesser amount of belongings. However, for homeowners or commercial business owners, a much bigger unit of 150 sq feet or 200 sq feet would work fine.
Tip: A fun tip for you is to keep an eye on the packages and offers provided by self-storage facilities. If you plan on using a unit for the long-term, book beforehand and chances are that you can benefit from deals and lessened rates.
Factors Affecting Cost of Self Storage Facilities
Certain factors can affect the rates of self-storage units all over the world. Down below, we have outlined some of the major factors.
1. Size of Unit
First off, the most common factor affecting the rate of any storage unit is its size. Naturally, as mentioned above, smaller sized storage units will be available at cheaper rates while units that come with a larger storage capacity will be much more expensive
2. Length of Usage
Other than the size of the unit, the next major factor that can spike up or reduce the price for your unit is the length of the time you aim to use it.
A storage unit booked for a week will not cost you more than £50 per week, however, if you book a space to store your items for months or years, you will have to pay more.
3. Additional Facilities Offered
The price of a storage unit can also be altered based on the facilities and features offered. For instance, there are some storage facilities out there that will offer manned security services, while others will have 24-hour surveillance cameras.
Some units such as SSO will even offer their clients climate-controlled units that will keep an eye on the humidity levels. So, keep an eye on the facilities provided by these storage units. Chances are the more the features, the higher the self-storage service rates will be.
A very major component that you might have to keep in mind is the availability factor. All storage companies that have the least amount of space possible due to high demand will charge you more.
While those with an excess of available units will be more open to renting your space at a lower cost. Make sure to conduct an ample amount of research so that you can find the most cost-effective and reliable contractor for your beloved items.
There are tons of storage unit providers out there that will claim to provide you insurance for all your items stored with them.
That is, if you have stored any item with them and they get damaged or lost in the transition process, the costs will be covered and you won't have to face any financial risk.
Even though this might sound like a good deal, all such companies offering insurance often hike up the prices by tenfold.
Sometimes storage companies can let you use the homeowner's insurance you might have for the same belongings. Check with all service providers and get all the information regarding these costs and prices.
6. Hidden Costs and Taxes
Check with your storage unit provider to ensure that there are no hidden costs attached to the bill. Sometimes there are taxes as well imposed on these units that are not mentioned with the quotes provided. Do ask any potential contractor to update you on the taxes or any other fees.
All in all, storage units can prove to be extremely beneficial. From homeowners to commercial business owners and students, everyone can benefit from such units.