In-depth - commercial: Storage wars
The expanding self-storage market presents opportunities for both commercial and personal lines brokers, reports Edward Murray
Are you interested in a growing market that provides access to commercial and personal lines clients? If so, the self-storage sector is one to explore.
There are more self-storage facilities in the UK than there are McDonald’s restaurants. That is not bad for an industry that only arrived in the UK in the 1980s.
Room for expansion
There is also significant room for expansion in the 1,500 self-storage units currently available in the UK.
These units provide around 44.6m square feet of storage
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