logo


Contact us on 020 8744 9444

Invest in self-storage

Home > Self-storage industry news > SSA UK Declares the Annual Industry Survey Results


SSA UK Declares the Annual Industry Survey Results

The annual survey results for the self storage industry in UK was launched yesterday in London.

Below is a summary of key findings:

  1. Occupancy increased from 73.1% in 2015 to 75.8% in 2016 on current lettable space.

  2. UK average net rental rate increased to £22.68 psf per annum (The highest since the study began in 2006)

  3. 65% of self storage customers are aged between 40 and 65 and 81% aged between 35 and 70

  4. Roadside visibility remains the main driver for store awareness.

  5. Occupancy growth indicates that demand is growing faster than supply.

  6. Over 70% of self storage users live within 20 minutes of their unit.

  7. 11% of self storage users currently rent more than one unit.

  8. The UK has 47% of the European self storage market.

  9. Divorced or separated people are more than twice as likely to use  self storage than single people.

  10. 70% of people could not name a storage brand.


Next >