What is the Average Cost of Personal Storage Rental in the UK
If you want to rent a storage unit, you’re probably considering many factors, including location, convenience, size and security. However, one of the most vital considerations is price. When you’re storing your belongings for a long time, it’s wise to shop around to get the best price for your self-storage unit. Read on to learn the cost of renting a storage unit in the UK.
How much does self-storage cost?
According to Self Storage Association (SSA), the average cost to rent a storage unit in the UK is £23.94 per square foot. However, this price varies depending on the unit’s location, length of time, size of storage and the value of the items you’re storing. So, when shopping around for personal storage, it’s essential to keep all these factors in mind.
Personal storage costs by region
Self-storage units are more expensive in some regions compared to others. For example, it costs an average of £33.06 to rent personal storage in London compared to Wales, which offers the lowest rate of £12.24. If you want more affordable storage prices, areas like the North of England and East Midlands are great choices. Their personal storage unit prices average £17.10 and £15.71 per square foot, respectively.
Other region prices are:
- South East: £23.27
- Scotland: £21.04
- South West: £19.53
- Yorkshire & The Humber: £18.77
What affects your self-storage unit cost?
Here are the factors that affect your storage unit cost:
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Size
The storage industry offers self-storage units in different sizes to suit your needs. You can get locker-type storage for small belongings or a larger unit such as a warehouse to store more items. Generally, the cost per square foot is less as the unit goes up in size.
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Length of rental
It usually costs less to store items for a longer period than a shorter period. However, storage companies offer deals and discounts for both short-term and long-term storage. Simply compare and contrast quotes for different providers to find your ideal pricing.
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Location of the storage unit
Storage units that are closer to city centres tend to be more expensive than those far away from cities. So, if you want to rent a unit near a big city like London and its surroundings, expect to pay more.
What’s included in the price?
Storage companies offer different facilities and security for their self-storage units, making it vital to find this out before settling on a company. Some of the standard features included in a storage quote include:
- CCTV
- 24/7 access to your belongings
- Free parking
- Use of trolley
- Efficient help
- Staff support
If a storage company doesn’t offer a certain feature in its quote, you can get it as an add-on but at an additional cost. Other additional expenses you may want to consider include deposit, transporting items, packing and padlocks.