When selecting a storage facility for your belongings, there are a number of things to consider: location, facilities, security, convenience, and price.
It’s important to remember that the cheapest storage facility isn’t necessarily the best facility – but that being said, it’s always a good idea to get a few different quotes and an idea of how much storage costs monthly or annually to be sure you’re still getting a fair deal for storing your possessions.
Storage facilities will offer different contracts based on a few different factors, which we’ve broken down here:
1. Price per sq. ft.
Most storage facilities will have a number of differently sized storage units and will charge per square foot. Typically, the bigger the unit, the cheaper the price per sq. ft.
With this in mind, it’s important to work out how big a unit you need. It’s also worth taking into consideration whether you are likely to need to add more items to your storage unit in the future or, on the other end of the scale, will be taking items out of storage soon.
If you think you may just be in the cusp of a more expensive bracket, it may be worth assessing your possessions and donating or throwing away the things you are unlikely to actually need after putting them in storage to help you save money.
2. Length of time
Secondly, how much storage will cost is determined by the length of time you need your unit for. Typically, storage facilities will have set fees for a week, month, two months etc, and facilities that offer long term storage may have an annual fee as well.
Storage costs will be cheaper per month the longer your contract is for (e.g. a year-long contract will be cheaper per month than paying for one month at a time without a contract), so it’s worth having a good idea of how long you will need your storage unit for in order to give you the best deal.
Other Things To Consider:
When deciding where to store your belongings, you’ll want to bear the following things in mind:
- Good location
- Size of unit
- Security features
These features will all affect the price of your storage unit. The more secure a facility is and the more convenient they’re services, typically the higher the cost.
Likewise, if you need self-storage for an entire home as opposed to one room, you’re going to be quoted more for a bigger storage unit. However, the longer you store these belongings, the cheaper the price will be.
Aside from the cost of the storage unit itself, there are other costs to consider when comparing quotes. These costs include:
You must insure your belongings against damage or theft when stored in a unit. The level of cover you receive may vary depending on the premium you pay.
Monthly vs Annual Payments
Many businesses provide a discount for annual payments over monthly payments. If you know that you are going to need your belongings stored for a considerable amount of time, consider paying the annual fee to cut down costs.
Does the self-storage facility provide a transport service to get your belongings to the facility? If not, you will need to add in the additional cost to hire a moving van if required.
If you have a number of valuable possessions you need to put into storage, the quality of the company you go with will be an important factor. You’ll want a facility with units that are raised off the ground to avoid damage from damp or flooding, perhaps climate-controlled units, excellent security features, and limited access to the public.
The higher the quality of self-storage service, the higher the price you’ll be required to pay – but for the sake of ensuring the safety of your belongings, it may be worth it.
A UCL study provides the average prices in the following cities showing rent per month per square foot.
- London (£52.50ft2 per month)
- Belfast (£6.82/ft2 per month)
- Cambridge (£4.08ft2 per month)
- Edinburgh (£3.45ft2 per month)
- Brighton (£3.38/ft2 per month)
- Leicester (£3.18ft2 per month)
The cost of self-storage depends on many variables related to both your needs and the facility that offers self-storage units. The best way to get an accurate quote tailored to your requirements is to find your local self-storage companies nearby, and contact them directly for a free quote for their self-storage services.
Benefits of Storage:
Whether you need to declutter your home to move house, store some belongings for an extended trip abroad, or are going to study at University for a year, there are many reasons to use self storage.
In this article, we’re going to take a look at the biggest benefits to using self storage, and the typical prices you’ll be looking at to store your belongings.
Self-storage is a great option for when you’re looking to declutter your home, but aren’t ready to let those belongings go altogether. This is perfect if you’re renovating your home, downsizing, or need to make room for an expanding family.
Self storage facilities are typically very secure places to store your belongings for a short or long term period. More often than not, a self-storage facility will offer more security than a garage or alternative private storage unit. These is because these facilities have a range of security features including CCTV, patrols, inventory lists, and more. You should check the features of the facility you consider first as they may differ from site to site.
Storage insurance will mean your belongings will be replaced should they be stolen or damaged while stored in your unit. This insurance can often be more cost-effective than home insurance, so do your research first to see what suits your budget better.
For many self-storage units, you are required to have storage insurance, which will protect the contents of your unit.