How Much Does Self Storage Cost?

Self storage rental pricing can seem complicated. We like to keep it as simple as possible, so here's our explanation of how it works, what to look for and how to make sure you're getting the cheapest and best value deal.

Time and Space

At the heart of all self storage pricing are two things: time and space. Space is the size of the unit you need, while Time is the duration you need the unit for.

Space - All storage companies base their prices on floor space which is almost always calculated in square feet (sq ft). As a rule of thumb the larger the square footage of the unit the more it will cost. In areas where there is higher demand and running costs - such as central London - the basic cost per sq ft will be higher.

ABC Store Locations

  • Camden
  • Southwark (24 hour access)
  • Wandsworth (24 hour access)

ABC Benefits Include

  • Competitive prices
  • Price promise
  • Only pay for the days you stay

There are so many benefits of storing with us - not only can you get free wifi, free van hire, your insurance all set up, packaging for your belongings but you can also get a cuppa tea and a biscuit, so you can have a little chill time in between moving your goods to and from your unit.

If you are still unsure then why not check out our guide to self storage or just contact one of our friendly staff at the store of your choosing and they will answer any questions that you may have. We look forward to seeing you very soon.

Time Period of Storage Required

Different storage companies take different approaches to length of stay and billing. Most storage companies have a minimum duration of a week or month so it is really important to check those terms. If you only need a unit for a few days, or move out part way through a month or week it's very likely you'll be paying for days or weeks that you aren't using.

At ABC Selfstore you'll only pay for the days you stay and not a day more.

That's why it is important to make sure you are not renting a unit bigger than you really need. Sizing your unit accurately will ensure you're not paying for space you're not using. We're always happy to help our customers size things up

Most standard quotes for storage will therefore be in sq ft (Space) and priced per week (Time) and all storage will require insurance...

Self Storage Insurance

An additional part of your 4 weekly cost will be insurance. It is standard industry practice and a requirement of all reputable storage firms. It ensures that if something happens beyond the company's control (a fire spreading from a neighbouring building for example) all customers are covered for any loss.

Insurance is calculated against replacement value of the things you want to store - so it is impossible for any storage company to tell you what that cost will be until given that value. The good ones (ourselves included) will be really happy to help you work that out so that your things are properly covered, but you're not paying too much.

Our Self Storage Insurance page is the perfect place to find out everything you need to know about Insurance for Self Storage.

Other additional services - such as 24hr access - are usually costed as extras.

Billing Booking and Reserving

Billing The majority of storage companies (ABC included) bill 4x the weekly price in advance on a four weekly cycle - taking a payment by direct debit every four weeks.

Deposit You will also need to pay an initial deposit on move-in - usually equivalent to 4 weeks storage - and this is returned to you after you move out.

Booking and Reservations Most storage providers will allow you to make an advance booking or reservation for a storage unit. This is a good idea in locations where demand is high. Just like with hotel rooms it ensures no-one else can rent that unit for the time-frame you require it. Some companies make that charge for reserving on top of everything else and some won't refund it if you change your mind. At ABC we'll refund your reservation fee either way: as a reduction on your move-in deposit or as a full refund if you decide you don't need your unit after all.

Other fees to look out for

At ABC Selfstore we don't charge any extra Administration or early move-out charges. It's well worth checking for these as some operators do.

Early move-out fees are when you decide to move out ahead of schedule. Some operators will simply charge you for the full term - without refunding any difference - whilst others may impose an additional early move-out administration fee.

Price Promises

Many storage companies offer a Price Promise or Lowest Price Guarantee. Make the most of these, but check the small print for Terms and Conditions. Usually you'll see the terms 'compared to a like-for-like quote'. Remember the price per sq ft is calculated on the demand for the storage location - so that clause is there to ensure that you're not comparing a quotes between two completely different locations. Most companies will give a maximum distance from store in their Price Promise terms and conditions. You can view our Price Promise here

Dazzling offers

Lots of storage companies make introductory offers to tempt you into storage with them. 1p for the first month, first four weeks free - that kind of thing.

Make the most of them but always check the small print. We're always clear with ours, for example - that our up to 50% off the first 8 weeks offer is subject to a minimum stay of 8 weeks. Look in the left hand sidebar for our latest offers.

When comparing prices remember to compare the total cost of storage including insurance, not just the introductory offer!

No price comparison websites for self storage

You won't find self storage on price comparison websites. First off, systems aren't available to compare prices across the self storage industry - but more than that - we like to keep prices as low as possible.

By not paying big commissions to 3rd party price comparison websites we can keep our prices down, ensuring our customers get the best possible deals.

Price isn't everything... Customer Service counts too

There's more to self storage than just price. Customer Service and 'little extras' - like Free Wi-Fi and complimentary refreshments - make a big difference.

All storage companies will tell you that they have good customer service so it can be hard to distinguish the good from the truly great. Look for those that ask their customers what they think, and are prepared to share it.

How to ensure you get the cheapest self storage price

Here's our check-list for ensuring you keep your self storage costs to a minimum...

  • Size your unit correctly.
  • Check the terms and conditions for pricing and duration of stay - look for storage providers that only charge for the days you actually use.
  • If you need to reserve a unit - check that your booking fee is refundable.
  • Ensure that there are no additional charges or fees for early or late move out. Look for special offers that could you save more money - but also check out the Terms and Conditions.
  • Shop around, get quotes and use the opportunity of Price Promises to ensure you get the lowest price possible.
  • Pick a company that genuinely cares about great customer service.

VAT

All self storage charges (at ABC and everywhere else) include VAT. If you are a VAT registered business you can, of course, reclaim the VAT element of the storage cost.

Need more information?

The ABC Selfstore Self storage Beginners Guide is a great place to start