Storage Cardiff Remains High In 2021


Posted March 27, 2021 by bigpadlock

Demand for storage Cardiff remains high during the pandemic in 2021.
 
Many property-based industries have suffered during the national lockdowns in the United Kingdom over the past year, but COVID-19 has had very little impact on the self-storage industry, if at all. The self-storage industry has seen an increase in occupancy and revenue during the current pandemic.

Studies have revealed that storage Cardiff has remained high during the pandemic with an increase of occupancy nationwide by 2.9 points each year, the square foot storage cost has also increased by more than one percent. Even with the struggle, people are going through payment for storage remains on time with less than two percent of storage fees being overdue by thirty days. The majority of people using storage Cardiff have chosen automated payments to reduce their contact with others.

Due to the diversity of people that make use of self-storage, there has been very few people leaving their units due to the current pandemic. There was a surge in people moving out after the first national lockdown, due to the fact that they were unable to move their items during the lockdown. But the move-in levels went up, making them higher than the pre-COVID-19 occupancy rates.

Stephen Jones, the Financial Director at Big Padlock, said “Most people choose self-storage during a life-changing event, this could be moving house, a death in the family or leaving a relationship. These things have continued despite the pandemic and with more people doing home renovations while at home, the demand has skyrocketed for affordable and quality storage Cardiff in the first quarter of 2021.”

Stephen Jones went on to say “We have also seen an increase in demand for commercial storage as people look for social distancing in shops and cafes. Online sales have surged and having stock in hand is essential to manage orders. Our storage solutions cater to all clients from commercial to homeowners to eBay and Amazon sellers, students, and more.”

Looking at the year ahead, there is uncertainty as to what is going to happen, but with an increase in storage inquiries, it looks like demand will continue growing, leaving the self-storage industry in a strong position.

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 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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Contact Email [email protected]
Issued By Big Padlock Self Storage Cardiff
Phone 02920488855
Business Address Big Padlock Self Storage Cardiff, Clydesmuir Rd Wales, CF24 2QS
Country United Kingdom
Categories Services
Tags storage cardiff
Last Updated March 27, 2021