Property Matters 

Self-storage; more in store

Property Matters

Property Matters
Self-storage; more in store

Self-storage in the UK is a relatively minor affair when compared with the US, but it's growing, and there's plenty of room for this. At the moment, there are around 880 self-storage facilities providing around 38m sq ft of storage space in the UK. That works out at just 0.6 sq ft per person compared with 7.7 sq ft in the US. The three main listed players are Big Yellow (BYG), Safestore (SAFE) and Lok'nStore (LOK), which have around 200 outlets between them. The sector is pretty healthy, with new sites coming on stream and rents rising steadily.

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