MIDAS SHARE TIPS: Thinking out of the box helps Safestore deliver more growth

In today’s consumer society, there is a constant tension between the amount of stuff people own and the space they have to keep it in. Some resort to garages or lock-ups. Some leave surplus bits and pieces at their parents’ home.  But growing numbers are turning to self-storage as an efficient, secure and relatively cost-effective…

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Safestore in Somerset collecting unwanted goods in aid of disability charity Scope

From Wednesday July 1, self-storage company Safestore is launching a month long ‘Great Donate’ challenge in support of national disability charity Scope. The campaign aims to collect as many quality goods as possible that can be sold through Scope charity shops nationwide. Safestore has committed to support Scope as its chosen charity for the sixth year running…

South-West self storage company celebrates 10,000th customer in company’s 10th Year

A South-West based company is celebrating its 10,000th customer in its tenth year. UK Storage Company opened its first facility in Bridgwater in June 2005 and has grown from strength to strength opening new locations in Chard and Taunton amongst others. Read more at: South-West self storage company celebrates 10,000th customer in company’s 10th Year (From Somerset County Gazette).…

Pre-tax profits up at self-storage group | Insider Media

The UK’s largest self-storage group has hailed a “good performance” in the first half of its financial year as it delivered double-digit growth in pre-tax profits. Frederic Vecchioli, chief executive of Borehamwood-headquartered Safestore, said the initiatives taken over the last 18 months to enhance operational performance are now reflected in “sustained and improved trading”. He…

McCarthy’s Removals and Storage eyes further growth

A family-owned removals business is marking 45 years’ trading after continuing to grow through the economic crisis. McCarthy’s Removals and Storage survived the housing crash and avoided redundancies to grow to a £3.5m turnover in 2014. The company has grown from a traditional home-moving business to include office removals, business services such as secure document…

Self Storage: Locking up stable returns

The self-storage industry is benefitting from an increasingly diverse customer base, while investors have enjoyed stable income and low volatility.  From people moving house to downsizing businesses needing storage space, self-storage units are used for a wide range of purposes, including housing personal belongings, furniture and excess stock. Read more at; Self Storage: Locking up…

UK housing market confidence falls slightly

Confidence in the UK housing market has fallen slightly despite the fact that interest rates were held again and average house prices continued to increase. According to the latest monthly Halifax Housing Market Confidence Tracker the headline House Price Outlook balance, that is the difference between the proportion of people across Britain that expect the…