Cardiff Storage Experiences Unprecedented Demand in 2023


Posted September 13, 2023 by bigpadlock

The Demand for Cardiff Storage Continues to Rise in Q3 2023
 
The Cardiff storage industry is booming right now, experiencing unbelievable growth, never experienced before. Recent reports are showing that the self-storage industry in the United Kingdom is going to achieve a record breaking £1 billion in turnover by the end of this year.

This has driven a demand for new facilities with over two hundred new stores planned to be completed in the next three years, as the demand shows no signs of slowing down any time soon. Big Padlock, a self-storage giant in the United Kingdom, already offers eight locations and are planning to expand to continue to meet their client’s self-storage demands moving forward.

The demand for Cardiff storage is due to numerous factors. The demand started during the COVID-19 pandemic, where businesses and residential clients were needing more space as they turned spare bedrooms into home offices. Recently the increasing property prices has played a large role, making it harder for people to buy or rent a larger home within their budget. In fact, renting a storage unit in Cardiff works out cheaper than increasing the size of your home.

Stephen Jones, the Financial Director at Big Padlock, said “There are four Ds that drive the demand for self-storage in the United Kingdom. These are death, divorce, dislocation and downsizing. Life changing events are the biggest triggers to choosing a self-storage option. Thirty percent of clients experience a death in the family with thirteen percent ending a relationship and ten percent are moving abroad.”

Big Padlock alone has experienced huge revenue growth this year and they are delighted with their success. The demand for self-storage in the United Kingdom has captured interest from investors, as a result more than two hundred new self-storage stores are expected to be in place within the next three years nationwide.

What sets Big Padlock apart from other storage Cardiff operators, they provide safe and secure self-storage with a range of options and varying prices. They do not expect their clients to sign a long-term contract, offering storage for a few days to months and even years. They provide competitive prices meeting the needs of their residential and business clients.

About Us:

Big Padlock is a leading self-storage facility that operates in eight locations throughout the United Kingdom. This well-established company offers safe and secure solutions to private and business clients in Cardiff, Ayr, Aberdare, Huyton, Halifax, Wirral, Wrexham and Liverpool. Big Padlock offers easy and simple storage solutions without the long-term commitment. Their units offer full access with twenty-four-hour CCTV for added peace of mind. The company offers self-storage, business storage, post boxes, offices with storage, offices to let, caravan storage, student storage, workshops and much more with bespoke facilities for architects, solicitors, builders and traders and Ebay and Amazon sellers. To find out more, visit https://www.bigpadlock.co.uk.
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Issued By Big Padlock Self Storage
Phone 2082856900
Business Address 20 Park Avenue, Farnborough Park, Kent
Country United Kingdom
Categories Security , Services
Last Updated September 13, 2023