SELF STORAGE
property, particularly offshore. Furthermore, the
maintenance and management requirements are
minimal, while the returns remain impressive.
The right unit
Of course, the returns will depend on acquiring
the right type of unit in the right location that
meets the growing demand, particularly the more
lucrative demand from businesses. Businesses are
taking an increasing share of space and occupy
for longer, a trend recognized by Store First. As a
result, the company has storage units where levels
of market penetration are lower and higher levels
of growth are projected. Furthermore, the storage
units feature perks and benefits that offer business
users far more than any other storage facility, but
at a lower price. These include 24 hour advanced
security and controlled access, supplies, packaging
facilities, van hire, goods pick up service and a
forklift truck facility. Tenants also have the use
of a PO Box address, off ice facilities, catering
facilities, conference rooms, manned reception
areas, gym facilities and free Wi-Fi. Further perks
include smoke detectors and fire alarms are fitted as
standard, and insurance cover for tenants’ contents.
As the units are owned and rented out by pri