The Popularity Of Self Storage Units
Businesses and individuals have been renting small spaces at facilities for years now. The spaces are called self storage. For a monthly fee one can store personal or business items in a room, container, locker or other space that is secure.
The majority of items that are stored in the units are from households. Things like extra furniture or household records. Individuals are required to secure the units with their own lock; either combination or padlock and key. The only time an employee of the storage facility can gain access to any unit is when a renter has not paid the rent on the unit for a certain period of time. When that happens the customer forfeits any right to the items inside and they become property of the storage facility.
Should a renter fall behind in payments; the storage facility can put a lien on it. This allows them to hold an auction and sell of the contents of the units. The practice is quite common and is a huge money maker for the owners of these businesses. They generally raise the amount of the money owed or more. This practice has become so popular that there are now television shows dedicated to it.
Public storage facilities became popular in the 90s; but the major explosion took place between the years of 2000 to 2005. This growth was due to the large housing market, businesses expanding and needing somewhere to store their excess stuff.
As of two years ago there were over 30,000 active self storage companies in the United States. They run both industrial and commercial facilities that have over 2.35 billion square feet of storage space total.
Storage units come in many sizes and the most popular are the 10×10 units. Other sizes that do well are the 10×5, 20×20 and 15×20. The units have no windows and are made from metal and cinder block in most cases for security and weather resistance. In the front of each unit is a roll up door with a lock.
Some self storage places offer heightened security for the customers that feel it is needed. These facilities are gated, offer 24 hour security with cameras, security guards that patrol the units, keypad entry; and some offer fingerprint scanners in order to get into the units. These security features are nice; but the customer is going to have to pay extra for them in their monthly fees.
Using a self Storage London facility can be very helpful when you run out of room for your belongings. Both individuals and businesses find the units to be convenient and cost effective. With so many different sizes, the ability to store almost anything is now a reality. With all the benefits of self storage; it is extremely important to keep up to date on the payments to the company. It would be unfortunate should the items that you so carefully stored will be put up for auction due to non payment.
Self storage London Ontario is the most economical solution to fulfill all your personal and business Self storage London needs. Airport Road Self Storage 2330 Scanlan Street, London, ON N5W 6G7 (519) 659-9423.