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How Much Does Self Storage Cost In 2020?

Samuel Whalley

Twenty4 Content Writer

Choosing where to store your belongings can be a challenging decision - so challenging that we have decided to make the process easier by providing you with the ins and outs of storage unit facilities. 

Whether you are moving home and have realised you need a place for all of your household items, are moving accommodation at university and need student storage, or own a company and need a place for business storage, then you have come to the right place.

Personal items have a lot of value so it is important that they are securely stored for your own peace of mind. However, that’s not the only thing you have to consider. Other factors such as; location, convenience, size, and most importantly, cost, should be thoroughly looked into before you invest in a storage unit. 

That’s why we are going to look into each of these factors to provide you with a breakdown to help you choose a personal storage room that is right for you and cost effective.

You might be thinking “Well what exactly do I get with a storage unit?”, and that differs between companies. However, each company will typically provide easy access to your storage unit, with some providing free 24 hour access, a secure locking system, 24 hour CCTV and security, and a range of storage unit sizes and prices.

If you’re keen to make the right decision instead of jumping into the deep end, then read on to decide where you should store your belongings.

 

What is the Average Price of Self Storage?

Weekly self storage price as of January 2020

 

35 sq ft

75 sq ft

150 sq ft

300 sq ft

Northern Average

£25.84

£35.15

£52.37

£68.90 (200sqft) 

Southern Average

£28.02

£36.75

£64.77

£74.64 (200sqft)

Twenty4 Secure Storage

£15.00

£20.00

£34.00

£60.00

Prices displayed are correct as of Jan 2020 and are from an independent survey  

It’s always worth checking what you’re actually paying for when it comes to investing in a storage unit. Although you might think you’ll get more by paying more, that isn’t always the case, as you may find yourself with limited access and lesser quality service. 

Make sure to take a look at each individual company website to truly grasp what you are getting for your money and if possible visit the facility site and take a look around to get a true sense of what you will be paying for.

 

Can You Secure A Good Deal?

can you secure a good deal

Some storage units may be able to offer you a good deal, particularly if you are wanting to store items in a larger unit or on a long term basis. However, what may seem like a good deal might not be as good as it looks on the surface, especially if you are sacrificing quality to save money.

 It’s always worth seeing what deals can be provided for you from each of the storage unit companies you are looking at, then you really know you are getting more for your money.

 It’s always good practice to be careful with deals too and not let them inform your decision too heavily. Whereas one company may offer you a weekly deal, another might offer a monthly deal, so it’s worth seeing which actually saves you more money - every penny counts!

Below is a list of the deals at Twenty4 Secure Storage:

 

Do You Have to Pay a Deposit?

Do you need to pay a deposit

This may be a big question you’ll ask yourself before investing in a storage unit, and a lot of the time, the amount of the deposit can influence the decision making process. For most storage units, a security deposit is usually required and the amount varies from store to store and the size of the unit you are taking.

 To give an example, at Twenty4 Secure Storage, a refundable advance rent payment is taken and is 4x the weekly cost of the unit you choose to rent. To find out other deposit amounts, make sure to visit other local storage unit websites.

 

Do Your Belongings Have To Be Insured?

what is storage insurance?

Is it compulsory to take out insurance? Most storage units require or recommend you to use their insurance whereas some will let you store without, providing you have it insured elsewhere. In some cases, like at Twenty4 Secure Storage, they ask you to sign a document that states you have your own cover.

 If you’re wondering how much insurance costs then rest assured, at places like Twenty4 Secure Storage, insurance starts at around 50p per £1000 per week. Using your storage units own insurance therefore saves you shopping around and won't break the bank either.

 

Are There Any Addtional Costs?

Are there any additional costs?

It is important to also consider any ‘extras’ on top of the standard weekly price such as whether you will need a padlock for your unit.  Most self storage companies will allow you to bring along your own padlock. Most companies sell them in store, to make sure it is of suitable durability and the correct size for your unit.

Twenty4 Secure Storage are happy for you to bring a padlock along. Although we always have high quality heavy duty padlocks available on our onsite shop for you to buy.

 

Where Can I Find A Storage Unit?

Where are self storage facilities located?

Whether you’re travelling with few or a lot of belongings, there’s no doubt you want a unit that’s nearby and easily accessible for you. 

It is important to consider the distance between your home, work and other factors such as how safe the surrounding areas are and how accessible the storage site is, being able to bring your vehicle on site is much more beneficial than having to park your car away from the storage site and walking up to it, as you will want to be able to transfer your belongings with ease. 

That’s why Twenty4 Secure Storage is situated within five miles of Leeds city centre and allows customers to bring their vehicle onto site and straight to their storage unit, other sites may require you to park your vehicle close to site and use a trolley to transfer belongings from your car to your unit.

 

Will A Storage Unit Be Convenient For You

will a storage unit be convenient for you?

Unloading your vehicle is no easy job but there are some storage units that make it easier for you. For example, some storage units have more than one floor which might make it difficult for you to get to. 

Though lifts make this easier, choosing a storage unit where you’re guaranteed a ground floor unit that is near the entrance might benefit you if you’re wanting to make your trip as quick and easy as possible.

If you’re put off by the journey completely, some storage unit companies even offer a collection service. However, there is often a cost behind this and it is not guaranteed that your belongings will be stored in a unit that is easily accessible for you.

 

How Secure Are Personal Storage Units

how secure are business storage units

It is important to consider how secure your items may be while they are in storage. Most storage units should have 24 hour CCTV and surveillance which means your belongings are under constant protection. Plus, storage units are sturdy and will be locked away. 

A lot of people don’t realise that you are the only person that will be able to access your storage unit. No member of staff will have access so you can walk away with peace of mind knowing that your items are going to stay as they are.

 

What Size Do You Need?

What size storage unit do you need

What and how much you are wanting to store is a vital factor when considering the size of a storage unit. It’s pointless spending more money for something when you aren’t going to utilise the whole space. Typically you will find the following sizes; 35 sq ft, 75 sq ft, 150 sq ft and 300 sq ft. 

You might not have a clue what each of these sizes actually mean or what you can fit in there, so we have provided a list below of what you could expect to fit in each of these storage units:

  1. 35 sq ft - the contents of a garden shed
  2. 75 sq ft - the contents of a studio flat
  3. 150 sq ft - the contents of a 2 bed semi detached house
  4. 300 sq ft - the contents of a 2 bed semi detached house plus a car

 

Hopefully that breakdown will help you to understand what size you should be needing but remember that not all storage unit companies provide all of the above sizes. It may also be worthwhile visiting the site or contacting the customer services to discuss what size unit would be recommended for your needs.

If you're still unsure, feel free to use our storage space calculator.

 

Twenty4 Secure Storage

If you’re wondering what there is to offer at Twenty4 Secure Storage, take a look at the vital features below:

    • SSA approved site
    • Located 8 minutes or 2 miles away from Leeds City Centre
    • Monitored CCTV & manned security on site at all times
    • Fenced perimeter, high gates & barrier entry system
    • Wide roads & boot to unit offloading
    • One floor for ease of access
    • On site facilities
    • Competitive prices with regular discount schemes
    • Award winning service

We hope you have found this information useful and that it has provided insight into what you’re paying for when you come to invest in a storage unit. If you do have any more questions please feel free to contact us.