What Contributes To The Rental Cost Of A Storage Unit

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When it comes to finding a suitable self-storage, your budget and the rental cost of your selected storage unit matters a lot. There are plenty of self-storages out there which offer different perks – some are much more spacious, have more centralised locations, or have flexible lease terms.

The best part is, we’re able to provide all of the above in one space.

Sizes

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The larger the space you need – the higher the rental cost. Naturally, that will be the case since you’ll be given more space. For instance, we have a space in Aljunied which is suitable for both storage and workspace – it spans 160 sq ft in size and costs $835 a month. Meanwhile, a space at 215 sq ft will be priced at $1,020.

However, both spaces are similar in the sense that rental owners are able to enjoy the same benefits – such as newly refurbished units and free parking. Moreover, there is a rent-free promotion for any one of our units at Aljunied. Aside from saving costs by offering the cheapest self-storages, our storage unit lets you store and work at the same time – meaning that it’s ideal for businesses with heavy inventory management and helps immensely with logistics processes. Altogether, this improves customer service enormously.

Location

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Foot traffic, accessibility, and amenities all contribute to how good a location is. So, if the location of your chosen storage space has all of these factors – the rental cost of the space is more likely to be higher as well.

Though that is the case, it is certainly more worth it to purchase a unit at a higher price for its location. For starters, convenience-wise – it is certainly more attractive to potential employees, so they are able to make their way down to the workplace easily. Likewise, clients will be pleased to know that they can arrive at their destination without any difficulty. For example, our self-storages at our 100 Eunos are easily accessible via PIE while the Eunos MRT is only a 10 minutes walk away.

Facilities

Self Storage Singapore, Storage Space

Depending on the self-storage you choose – you may need to pay separately for facilities. Though that may be the case, some places may not tell you about the costs upfront – and you end up having to pay for additional utilities or facilities fees without your own knowledge.

As for Work+Store, we will inform you of any such fees ahead of time; before the contract is signed. Moreover, our fees are reasonably priced so you can focus on other parts of your business – revamping of your space, employee salary, and so on. We only charge a flat rate for our light utilities or any other facilities. Meanwhile, we also provide 24/7 CCTV surveillance and accessibility at no cost and our spaces can function as ancillary offices. In other words, handling two jobs – such as manufacturing and sales – will no longer be difficult as both can be done within one space.

Lease terms

Although lease terms don’t directly affect the rental sum – it still does have an impact when you factor in future business opportunities. You have to take a look at the lease terms when you’re looking at the price of a self storage.

Work+Store offers flexible and attractive lease terms which allow you to downgrade or upgrade to fit your business needs. Other than short term lease, we allow contract transfer to all kinds of services or products within our premises or even our parent company, LHN Group – consisting of a variety of options including serviced offices and apartments, pop-up store venue rental, event location, and so on.

By now, we hope you understand what you’ve got to keep in mind as you’re choosing the ideal self storage for your business. We provide the cheapest self storages as well as workspaces, starting from 7 sqft and ranges up to 730 sqft for storage spaces, while storage units start from 88 sqft onwards. That way, you can settle for the space which fits your budget best.

If you wish to find out more about Work+Store and our other storage options, feel free to contact us at +65 6578 9966 or WhatsApp us at (65) 8345 9966. Alternatively, you can email us at space@workstore.com.sg for more information!