Wednesday, 13 November 2013

Self storage UK industry to remain effective and efficient for the clients

Self storage UK

Public storage market is a giant market having abundant cash flow, occupancy and rents offering stable and secure returns. A number of new companies are getting into the business of self storage facilities as it is potentially growing market offering bigger returns and greater rewards.
As the UK economy rebounded and came out of recession, the demand for investment in commercial real estate grew and peak earnings were reported by the self storage facilities owners in UK.
As the mortgage rates is picking up people are selling their homes and moving into small apartments where they require proper dwelling space and additional storage to keep items that they cannot store in a small house.
There are people who are searching for new jobs and are moving into new jobs. They are shifting from one city to another for jobs. During transfer from one place to other people seek public storage options. They need space where they can keep their belongings safely. There are numerous risks in this business. There is a slowdown in construction sector and this can lead to oversupply of self storage facilities leading to saturation in the market.

Safety issues in Self storage UK industry

Self storage UK industry is expected to remain strong and continue growing in the coming years. The managers of self storage should be aware of the latest trends to ensure the customers get the right services in self storage units. Safety is one of the major features that are required in a storage unit.
The customers should be given proper services to be able to operate the unit or room allocated to them safely and even lockers can be provided to the users to allow them to store their valuables. Trust should be built between the store manager and the customers and the money charged for such units should be based on the service.
These days the self storage units hire staff and conduct a background check of their new staffs to ensure the employees working at the units are appropriate for their jobs. The security checks of the employee involve a series of steps of investigations and evaluation of the candidate through different methods. Many store owners spend a huge amount of money in searching for the right manager of the unit and once the manager is found you can train him or her to evaluate his performance and trust him to operate the unit.
As the time passes the manager of the store becomes confident and relationships develop between the manager and the employees. Once the storage owners knows the family background of the employee , the level of trust improves leading to better service and added responsibilities on the shoulders of the employee. This also increases confidence of the manager and employee.
Sometimes, when a relationship based on trust is built , minor actions of the employee or the manager can be predicted and as you go deep into it , you can identify if any of the employee is hiding something from you or not. There can be conditions when a person working with the store at one time does something wrong. The storage owners should be aware of the various difficulties that is faced by customers in renting a room. Security is one of the major aspects on which the self storage rents are determined.
Security aspects of stores should be upgraded from time to time. The manager of the store can be changed and other employees working in the store can also be given the responsibility to handle security. Special security cameras and equipments can be provided to prevent any kind of inconvenience.

1 comment:

  1. This has been some really useful information. Thank you I have gained a better understanding about Self Storage industry.

    Keep up the good work

    ReplyDelete