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What is WhatStorage?
WhatStorage? Is the U.K’s largest online marketplace for Self-Storage facilities.
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The UK Self-Storage Industry
Surprisingly, British residents rent 9 times more storage space than the Germans, and 4 times more than the French, causing a boom in the UK’s self-storage industry.
As stated by the property advisory company Cushman & Wakefield, the UK is now home to nearly 50% all of Europe’s storage units with 42.2m sq. ft. of lettable self-storage space. Interestingly enough, the increase in demand continues to exceed the supply.
In the UK, the past year has seen an explosion in the self-storage sector with 24 new self-storage posts being opened– the highest number in any European country. Tenancy grew by approximately 3% in 2016 even with more self-storage units being built.