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Self Storage was first established in the UK in the 1980's. The Self Storage industry continues to grow steadily in the UK, and has seen the highest growth and highest yielding returns within the commercial sector over the last decade.
The latest UK Self-Storage Industry Association (SSIA) annual report, prepared by Mintel in February 2010 reveals that the UK self storage industry has remained resilient and has continued to grow throughout the recent economic slowdown.
Nearly half (49%) of operators state that they plan to open one or more sites in the next five years. Storage units are classified as commercial assets, therefore ownership can be structured via a number of methods. Self storage construction will fast become an essential addition for a well-balanced investment portfolio.
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