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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
The U.K Self Storage industry is one of the biggest in the world, coming second only to the U.S helped popularised with hit TV shows such as Storage Wars. 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.