Self-storage, also called a’mini warehouse’ in the popular sense or “mini storage”, is an abbreviation of’self services storage’. People can rent out or lease such facilities to keep their belongings. The facilities can also be rented to small business. Small businesses or individuals will both be called tenants, while the storage spaces for your items will be known by lockers, units, or rooms. You get to keep your lock and keys once you have stored all of your things inside – read this!
Why Are self-storage Units different from warehouses
Most warehouses offer a lot of space. But, in reality, small businesses or individuals don’t need that much room to store items. Naturally, these warehouses will also cost a lot. The mini-warehouses are ideal for people with small needs, as they offer small storage units.
The manager and his employees will also have access to materials in storage. The mini-self-storage facility is different. Each unit has a lock and key, so you can keep it.
The last distinction between the two is that there are no insurance costs. If you store your goods in a big facility, you will pay a rent that includes insurance. This is not true for mini-warehouses. You can buy insurance on your own, of course.
In the US and Canada, small storage facilities are being built where materials can be stored.
Self-storage facilities are expected to reach 51,250 in the US by 2008. More than 30235 companies own and operate these self-storage facilities. Total square footage in this country is over 2.35 billion, more than the area of Manhattan. They are not only being built in America, but all around the globe.
The demand for such facilities is increasing as people are becoming more aware of their benefits. It is true that the competition is intense among providers. Many are popping up. It is therefore likely that there will be a service near you.