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When one is considering a storage solution, storage containers is the most popular option that comes to one’s mind. These containers are practically affordable and secure choices whether you need additional space for personal belongings, business inventory, or even temporary housing solutions. But the most common question that pops up after thinking of storage containers is “How much are storage containers?”
In this article, we will take a look at the costs associated with storage containers, including the factors that affects pricing, types of containers, and if renting or buying is the right option for you. By the end, you will have a clear idea of how much you can pay for storage containers in the UK, and why North London Container Storage should be your go-to choice for all container-related issues.
Factors That Affect the Cost of Storage Containers
Several factors determine the price of storage containers, among these factors are:
- Size of a Container: This is the first factor that you should consider, these storage containers come mostly in 10ft, 20ft, and 40ft. Normally the larger ones will be costlier than the smaller ones.
10 ft containers are sometimes used for small business needs or just personal storage.
20ft containers happen to be the most popular size that is ideal for both personal and business needs.
40ft containers are best for large businesses, construction sites, or long-term storage of extensive amounts of goods. - New or Old Containers: Old containers which are sometimes referred to as used containers are more budget-friendly if you are within a budget, but on the other hand new containers are costlier and ideal if you are in need of something that has not been exposed to wear and tear. New containers typically come with guarantees, which can assure you of a refund or replacement of bad new storage containers.
- Modifications: Modifications are another factor that can affect the price of storage containers, these modifications include lighting, ventilation, shelving, or even custom doors. One can request these modifications for storage containers of their choice, but you have to bear in mind that these modifications come with extra cost.
- Location: This factor will also determine the price of your storage containers because the distance between you and the supplier will determine the cost of delivery. If you also need multiple storage containers for your location, the price can also vary.
- Market Conditions: One of the primary materials in shipping containers which is steel fluctuates based on demand and supply. If the price of steel is high, new container prices may also increase. However, factors such as supply chain issues or high demand can impact pricing.
Average Prices for Storage Containers in the UK
Let’s take a look at the some average price ranges for different types of storage containers in the UK.
- 10ft Storage Containers: A standard 10ft container costs about £1,500 and £2,500 for a new model. The used or old containers of the same 10ft are about £1,000 and £1,500, and this has to do with the condition of the said container.
- 20ft Storage Containers: For a new 20ft container, one should have about £2,000 to £3,500 to purchase one. And the used one cost about £1,200 to £2,500.
- 40ft Storage Containers: For a 40ft container, this might cost between £1,500 to £3,500 for a brand one container, and £1,500 to £3,500 for the used one.
- Modified Containers: Modified containers will be based on the modification involved, modification like doors, windows, or insulation will cost more, and this depends on the size of the container and the extent of the modification.
Renting vs. Buying a Storage Container
One of the first decisions to make when in need of a storage container is to ask whether to buy or rent one. Each of these options has its benefits, depending on your needs.
Buying a Storage Container: For businesses or individuals who require long-term or permanent storage solutions, it is ideal to buy a storage container, because the moment you buy for for your business need or personal need, there will be no ongoing rental fees, and you can modify the storage container to your taste.
Pros:
- Full ownership and control
- No ongoing rental fees
- Flexibility to modify or customize.
Cons:
- Higher upfront costs
- Requires a secure location for permanent placement.
Renting a Storage Container: For those who need storage containers for temporary reasons, the best bet is to rent one for the period of time you will be needing it. The rental cost will be determined by the size of the container and the duration of the rental period. For a 20ft container, it might cost between £50 to £100 weekly.
Pros:
- Lower upfront costs
- Suitable for short-term needs
- Flexibility to return when nolonger needed
Cons:
- Ongoing rental fees
- Less freedom to modify or customize the container.
Additional Costs to Consider
When calculating the cost of a storage container, there are additional expenses to keep in mind:
- Maintenance Costs
- Site Preparation
- Security Features
Choosing the Right Container Size for Your Needs
It’s essential to get the right container size based on your needs. Below is a quick guide:
- 10ft Containers: This size of storage container is ideal for small businesses, personal items, or temporary storage during renovations. This is also an ideal size if you have limited space at the location where the container is needed.
- 20ft Containers: This size of the container is the most versatile option which is suitable for storage needs. This size of storage container is suitable for businesses looking to store inventory.
- 40ft Containers: This containers are best for large-scale storage, construction sites, or businesses with extensive inventory. It is also ideal for transporting a large volume of goods over long distances.
Why Choose North London Container Storage?
Since you have gotten a good understanding of storage container prices and factors that affect the cost, it’s time to choose a provider. At North London Container Storage we are dedicated in providing all our customers the best in convenient safe self-storage space solutions, with 24/7 security and access.
We offer extremely straightforward and uncomplicated, practical self-storage spaces, with our vast assortment of units and various size options, to flexible timeframes and unrestricted long term uses, best of all you only pay for what you need.
Here is why we stand out:
North London Container Storage provide a remarkable, hassle free and useful provision for all your storage needs, with our UK site designed for convenience, ease and on/off loading simplicity. We understand the many reasons for needing extra storage, with some of these as our common basics: moving home, decluttering, renovating, or redecorating, archival storage, business storage, commercial storage, decluttering, furniture storage, garden /outdoor equipment storage, home office, homeowners storage, industrial storage, moving home, personal storage, redecorating, relocation, rental storage, student storage, travelling abroad, warehouse storage and countless more.
With copious amounts of belongings these days, keeping these possessions organised and in a new manageable, safe place would be beneficial for everyone. Here at Purfleet Self Storage, we pledge to take the pressure off, supplying ample amounts of safe, clean, vacant space.
Conclusion
In storage containers, there is no one-size-fits all solution. The cost of the container will depend on factors like size, condition, and modification as discussed above. It is always nice to decide whether to buy or rent, as this is the first thing to look into when the need for a storage container arises.
Get in touch with us today at North London Container Storage to find that perfect storage container for your needs at a pocket friendly price.