The Greater London self storage market

Greater London sits within the Greater London self storage market. Greater London covers 32 boroughs plus the City of London and is home to around 9.1 million people, making it the largest commercial property market in the UK. We arrange acquisition finance, commercial mortgages, bridging, development finance, mezzanine and term debt on storage facilities across the county, tracking 10 storage catchments, led by Barking, Dagenham, Hayes, Park Royal and Croydon.

The market figures below are reported nationally or at regional level by the industry's research sources, attributed to each source, and used as context rather than a Greater London-specific measurement. The housing-transaction and planning data is genuinely local and sourced from HM Land Registry and council planning registers.

Storage catchments and operators across Greater London

Storage demand concentrates along the North Circular A406, A40, A13, A10 and A312 corridors, where road access and passing visibility drive enquiries. Established industrial locations such as Park Royal are the natural home for conversions, drive-up parks and container sites.

Rates, occupancy and yields

Nationally there are 3,143 self storage stores offering 67.5m sq ft of lettable space (SSA UK / Cushman & Wakefield Annual Industry Report, 2026 report), with average occupancy of 74.5% across all stores and 79.6% for mature stores. Average revenue runs at about £44.07/sq ft (London, SSA UK / Cushman & Wakefield Annual Industry Report 2025, 2025 report), and prime self storage yields sit around 5% (Savills, European Self Storage Spotlight, Q4 2025).

Capital values: what storage facilities sell for

What do trading stores actually sell for? The best public evidence comes from the listed operators' external valuations. Big Yellow's London and commuter-town weighted portfolio was valued at £458/sq ft of lettable area and its smaller-format regional Armadillo stores at £185/sq ft (Big Yellow FY2026 results (JLL-valued), Mar 2026), with Safestore's UK estate at about ~£364/sq ft on a derived basis (Safestore FY2025 results (Cushman & Wakefield-valued), Oct 2025). The evidenced span from regional secondary to prime London and the South East runs at roughly £185 to £460/sq ft. These are going-concern values for trading businesses, not vacant-possession property values, and no source publishes a finer regional split, so we treat them as tier benchmarks when appraising a Greater London store.

Storage demand signals in Greater London

House moves are the sector's biggest demand driver: the 5 Greater London towns we track recorded 9,448 residential transactions in the last twelve months on HM Land Registry price paid data. 76% of UK storage demand comes from domestic customers (SSA UK, 2026 report).

Self storage finance in Greater London

We arrange the full lifecycle of self storage finance across Greater London: acquisition finance and commercial mortgages for trading stores, bridging for sites and auctions, development and mezzanine finance for builds and conversions, and term debt for the long-term hold. Send us the deal and we will come back within one working day.

Self storage market figures are published nationally or at Greater London level (SSA UK / Cushman & Wakefield annual reports; Savills yield research) and are presented as context for Greater London rather than a county-specific measurement. Housing-transaction figures are HM Land Registry price paid data for the towns we track.