The name self storage is often used as a short form for self-service storage. Another name used to refer to it is mini storage. It refers to a service where space for storage is rented out to clients on a short-term basis, with the rent being paid on a monthly basis. The space rented to clients may be in form of containers, lockers, outdoor space, or rooms. When in need of self storage Stouffville is a good location to consider visiting.
This industry has both individual as well as corporate clients. Most of the facilities that offer these services are located in the United States, which makes the industry primarily US-based. In total, there are 58, 000 facilities worldwide, and from that number 46, 000 are based in the United States. By the year 2007, the industry averaged 6.6 billion and the growth has been steady ever since.
In most cases, space is rented monthly and rent is paid as such. However, there might be provisions for paying rent over longer terms than one month. In this case, one rents and pays for space as they find it suitable for their needs. Individual and corporate tenants store household goods and excess inventory in the spaces they rent in that order. In most jurisdictions, the law prohibits one from residing in the space rented. Only goods and valuables are allowed to be kept in the spaces.
An insurance policy is usually in place to cover the business. However, the policy only extends to the business and not items kept inside the space the client rents. In case one wants to insure their items, they are advised to buy a separate insurance cover for that. Alternatively, one can buy third party insurance policy through the establishment. This may be one of the requirements for renting space in a given facility.
The space is secured by a key and lock brought by the tenant themselves. This denies staff any casual access to items stored. As such, liability for losses or theft cannot be assumed by the management unless in very special circumstances. This often differentiates mini storage establishments from warehouses.
Under normal circumstances, the stored items cannot be accessed by the facility except under certain conditions. One such condition is when the tenant fails to pay their monthly rent. In such a case, the management may access the items and take possession of them. Often the items are sold to recover the amount owed and the rest is given to the tenant. This is usually a term specified in the contract the tenant signs when leasing the space.
The business has its own ways of attracting new tenants to these facility. For instance, new tenants may be given free transportation for the items they need to store from where they need to be picked to the establishment. Truck rentals may also be provided at lower costs.
To keep stored items secure, a high level of security is usually maintained. Security guards are employed to provide security in addition to having security cameras installed. One may need a PIN and/or a proximity card to unlock the doors.
This industry has both individual as well as corporate clients. Most of the facilities that offer these services are located in the United States, which makes the industry primarily US-based. In total, there are 58, 000 facilities worldwide, and from that number 46, 000 are based in the United States. By the year 2007, the industry averaged 6.6 billion and the growth has been steady ever since.
In most cases, space is rented monthly and rent is paid as such. However, there might be provisions for paying rent over longer terms than one month. In this case, one rents and pays for space as they find it suitable for their needs. Individual and corporate tenants store household goods and excess inventory in the spaces they rent in that order. In most jurisdictions, the law prohibits one from residing in the space rented. Only goods and valuables are allowed to be kept in the spaces.
An insurance policy is usually in place to cover the business. However, the policy only extends to the business and not items kept inside the space the client rents. In case one wants to insure their items, they are advised to buy a separate insurance cover for that. Alternatively, one can buy third party insurance policy through the establishment. This may be one of the requirements for renting space in a given facility.
The space is secured by a key and lock brought by the tenant themselves. This denies staff any casual access to items stored. As such, liability for losses or theft cannot be assumed by the management unless in very special circumstances. This often differentiates mini storage establishments from warehouses.
Under normal circumstances, the stored items cannot be accessed by the facility except under certain conditions. One such condition is when the tenant fails to pay their monthly rent. In such a case, the management may access the items and take possession of them. Often the items are sold to recover the amount owed and the rest is given to the tenant. This is usually a term specified in the contract the tenant signs when leasing the space.
The business has its own ways of attracting new tenants to these facility. For instance, new tenants may be given free transportation for the items they need to store from where they need to be picked to the establishment. Truck rentals may also be provided at lower costs.
To keep stored items secure, a high level of security is usually maintained. Security guards are employed to provide security in addition to having security cameras installed. One may need a PIN and/or a proximity card to unlock the doors.
About the Author:
You can get a brief summary of the things to keep in mind when choosing a self storage Stouffville company at http://indoorstorage.ca right now.
No comments:
Post a Comment