Posted in Self storage

How Storage Auctions Work

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Storage auctions are currently the subject of a little bit of hype. Reality TV programmes like Auction Hunters or Storage Wars arguably make them look a little bit more exciting and profitable than they actually are, so it’s probably worth going over a few of the rules. Although there are fortunes to be made and excitement to be had from stumbling over long-lost treasures in an abandoned storage locker, it’s certainly not an everyday occurrence. Mostly, we need to auction of the contents of a storage unit to cover the costs from someone not paying their rent for an extended period. Don’t worry – we don’t start selling stuff off the second a payment is missed. The full procedure to contact customers and come to an arrangement that doesn’t involve the loss of any belongings lasts for 50 days, and the auction is always a last resort. On that 50th […]

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Posted in Self storage

Take your hobbies to the extreme with self-storage

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What’s your passion in life? If you’re lucky, it’s something very inexpensive that doesn’t take up much space – but what are the chances of that? Anything that’s really worth doing can all too easily take over your life, your house, or your bank account! While the funds are probably better discussed with your boss or your bank, there is plenty you can do to find yourself some extra space. It’s a shame that square footage is all too often a barrier to people just doing what they want to do with their spare time, particularly if their hobby is of the outdoorsy persuasion – but it doesn’t have to be. Putting your gear in self-storage could be the solution you’re looking for. Equipment that’s built for tackling the wider world is unfortunately rarely built for convenient home-storage. If you live in the hustle and bustle of city centre and […]

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After some extra income? How self-storage can help

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There are a number of ways people use self-storage to help their business – for example, it can be a secure way to store excess stock without the steep up-front costs of investing in a warehouse. However, there’s another way self-storage can help ordinary people make some extra cash on the side. Many people have a spare bedroom in their house, especially older people whose kids have grown up and left the nest. This room often lies neglected and becomes a general storage space, but there could be a better way to use it: put what you want to keep in a secure self-storage unit, and rent out the room to lodgers or travellers. The Rent a Room Scheme Since 1997, homeowners have been able to rent out a furnished spare room in their houses and can earn up to £7,500 tax-free a year for doing so. This threshold used […]

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