The vibrant city of Brighton is known for its lively culture, tourist attractions, and friendly community. Other than that, the seaside city’s local economy is also filled with potential growth for employment and promising business opportunities.
Brighton attracts many investors and business owners, mainly due to its exceptional transportation links, various establishments and venues, and positive public image. It also helps that it’s home to over 600 000 UK residents. The city of Brighton contains an estimated number of more than 350 local businesses and significantly produces more start-ups compared to other cities. With this, we can see that Brighton has a strong entrepreneurial culture.
While growth is taking a toll on the local economy, so does their population, housing demands, and rental. Furthermore, with many start-up businesses, data shows that the supply for floorspace has decreased, and its demand has increased.
A LOOK AT BRIGHTON’S MARKET FOR STORAGE UNITS
Despite the current demands for domestic and industrial spaces, a handful of residents choose to reside in smaller houses and flats. Business owners manage with a small commercial space for practical reasons. With this adjustment for living and office spaces, Brighton’s storage units are sought after due to its cheaper rental cost.
Regardless of Brighton’s low vacancy rate, you can guarantee that your business in the city will flourish and grow with the help of storage units. Want to know how your business can expand with storage units? Read here.
Brighton and Hove have the most rapid rental growth in the UK. Many tenants will have to adjust as their rent increases. Consequently, as commercial space becomes smaller, the demand for storage units increases.
There are a lot of self storage units up for rent in the seaside city. Storage units vary in size, location, price, and customer service, making their industry extremely competitive!
Finding the best storage unit in Brighton is easy. Some are even strategically located near the coast, business districts, and residential areas. With this, many businesses and residents facing a lack of space are able to seek storage solutions that fit their budget and that are convenient.
WHICH BUSINESS INDUSTRIES MAKE USE OF STORAGE UNITS IN BRIGHTON?
Meanwhile, as storage units become more popular, there are a lot of small businesses who use it. Here are four business industries that use storage units in Brighton!
RETAIL AND COMMERCE
Brighton is not only known for its stunning tourist attractions, but also because of its competitive industry in retail and commerce. It has a distinctive range of vintage shops, fashion boutiques, and souvenir stores. Additionally, online selling or e-commerce have become widely popular, as well. With this, it is ideal for retail and small businesses to rent storage units in Brighton to act as a warehouse for their excess inventory.
Of course, since commercial space is limited, having access to secured storage facilities is a convenient solution to ensure that all their product supplies are safely stored. Storage units are perfect for storing seasonal products sold by retailers because these facilities are flexible for both short-term and long-term storage use.
FOOD AND BEVERAGE
The food and beverage industry is one of the top business sectors that expanded and contributed the most to Brighton’s economy alongside the accommodation services. In fact, between 2009 and 2012, it garnered around 1 850 jobs for the city. This industry is also another type of business that benefits a lot from renting a storage unit in Brighton.
Whether you own a food stall or a restaurant in Brighton, you can guarantee that a storage solution will aid you to stash away your kitchen and catering equipment. This is also a perfect place to keep tables, glassware, and large appliances safe.
CONSTRUCTION AND LANDSCAPE
The construction sector has the highest percentage rate of self-employment in Brighton. With this, it is notable that there are a lot of small-time construction firms around the seaside city. With the limited industrial space in Brighton, it is common for many construction subcontractors and even landscapers to use storage facilities for their building materials and large and heavy machines that require a lot of space.
Small construction and landscaping firms can utilise storage units by temporarily placing their unused equipment in the secured facility since all of them are not necessarily used for every task. Moreover, renting a storage unit that is located near your construction site can save you a lot of time and money. With the recent residential and commercial developments, this sector continues to rise in Brighton.
ICT and DIGITAL SECTOR
As for the ICT and Digital sector, Brighton & Hove have grown to provide 1 500 businesses and 6 800 jobs under this industry. As Brighton becomes the hub for the UK’s digital sector, the space constraints in the area can still limit its potential growth. So, by renting storage units in Brighton, tech start-ups will manage to drive productivity and development by having more industrial space of their own.
Besides, tech companies are not so different from other businesses since they are also required to archive confidential documents and records on file and store previous office supplies, furniture and appliances.