A First-Timer’s Guide To Renting Out A Storage Unit

Renting Out A Storage Unit

Is it your very first time renting out a storage unit? If so, we are here for you. No matter if you require temporary storage or long-term storage, we’ve got you covered. Renting out a storage unit can offer you the space-saving solution you need. Here at M4 Self Store in Swindon, we have storage facilities that are not only secure but convenient and easy to access. When you are looking for a storage solution, the majority of the short and long-term options you will find will come in different sizes and include various services depending on your needs. Below, you will find a comprehensive guide for first-time storage users to ensure you know everything you need to know about how it works.

How Do Storage Units Work?

The majority of the storage unit options out there work the same. Once you’ve found a storage provider, you will sign a contract with them. The contract will detail the total amount of time you are renting the unit and how much you are going to pay. The unit you rent out is a specified space in the storage facility. You can store your belongings in it for a specified period. Some companies may require you to rent the space for a minimum. However, the majority of companies will allow you to rent it out monthly.

The rules of the storage unit will vary depending on the company you go with. It’s also going to depend on the services they offer. However, you would only pay for the period you agreed to within the terms of the contract unless you were to break the terms of the contract. While it may seem rather obvious, you cannot live in your storage unit. You also cannot use the storage unit to conduct business of any kind.

What Are The Different Types Of Storage For Rent?

Whenever you are looking at storage options, you want to figure out not only what you need, but also what options best suit your needs.

  1. Full-Service

One of the main types of storage you will find available is full-service storage options. These companies generally offer everything you need. The entire business model surrounding full-service storage solutions is that they will handle everything for you or your business. They will generally pick up the stuff you are storing and they will store it. The majority of these companies will also allow you to schedule a pickup whenever you need it. A full-service storage company is likely going to save you a lot of time-consuming tasks that you would normally have to handle on your own. After all, they handle the logistics surrounding everything. The majority of these companies will also take inventory of your belongings and even document everything. That way, if you cannot remember what you placed in the storage unit, you can easily look at the detailed inventory list to audit it.

  1. Self-Storage

Self-storage is one of the more popular options available. Not only is it cheaper, but it delivers a safe space to store everything you need. The self-storage facilities usually have around-the-clock security monitoring and more. They also have different size units for various things ranging from small items to full household. When you go for self-storage, any customer would be responsible for packing and delivering their belongings to an actual storage unit on their own. Therefore, you would be in control over the logistics of getting everything to it and from it. They will also need to pick up the things they need if they ever need something from it. Every customer would also be responsible for doing an inventory of what they are in their units. The storage company would not be responsible for documenting these things. This is a much cheaper option compared to full-service options which makes it the budget pick.

How To Rent Out A Storage Unit?

Every storage company has their protocols when it comes to the process of renting out its units. However, the majority of companies use a very similar process. To rent one, you would:

  1. Figure out what you are looking to put in storage.
  2. Determine your needs based on what you are storing.
  3. Figure out what type of storage you want. (Self-storage or Full-service)
  4. Purchase Packing Materials
  5. Set a budget.
  6. Figure out if you want insurance.
  7. Search for storage solutions that fit your needs.
  8. Reserve a unit.
  9. Move everything in on your move-in date.
  10. Get a quality storage lock.

What Size Should I Get?

The good thing about storage companies is they generally have various sizes that you can choose from. The majority will have a minimum of 5 different sizes starting at (5’x5′) on up to (10’x20′). Some may even have larger storage units. You would need to check on their website or call and ask. The majority of full-service facilities will typically have different sizes too. However, they may have different pricing based on how much space you are using. Therefore, you’ll want to call them and ask for quotes and details.

Indoor Versus Outdoor Storage

The majority of indoor storage solutions are climate controlled. This means that you can store a lot of things in the unit without worrying about them getting exposed to harsh elements. Whereas, outdoor units are typically not climate controlled. Therefore, anything you store in it will be exposed to extreme temperature fluctuations. The majority of indoor storage units are in a secure building. Whereas, outdoor units are typically less secure, but more accessible if you need to drive up to them frequently. Thus, outdoor units make more sense for larger items like boats and vehicles.

Call M4 Self Store at 01793 686553 to get your quote.


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