SSA
Publications
Annual Industry Report

Annual Industry Report

The Self Storage Association UK Annual Industry Report includes data collected from customers currently using self storage and for the fifth year running, the results of a YouGov Survey carried out among the public. All this, combined with our industry data, provides a comprehensive report into the UK self storage industry.

Thanks to the team at Cushman & Wakefield for completing the data analysis. Thanks also to all the members who completed the annual survey, without their input we could not produce such a high quality report.

Download the report here

RESULTS INCLUDE:

Occupancy on current lettable space increased to 76.1% - up 3% from last year, and the UK average net rental rate increased to £23.08 per square foot per annum.
Understanding of the product remains low; only 32% of people understood that only they have access to their unit, the same as last year.
Over 60% of people surveyed could not name a single self storage brand in their local area.
68% of self storage users travel 20 minutes or less to their unit.
Net rental Rates in London are double the level of rates in the East Midlands or the North.
There are approximately 1,505 self storage sites in the UK offering approximately 44.6 million square feet of space.
Divorced or seperated people are more than twice as likely to use self storage than single people.
71% of self storage customers are 40-69 years old.
Only 46% of the public have good awareness of self storage.