The West Midlands County self storage market

West Midlands County sits within the West Midlands self storage market. Created in 1974 from seven metropolitan boroughs, the West Midlands is the second most populous English county after Greater London. We arrange acquisition finance, commercial mortgages, bridging, development finance, mezzanine and term debt on storage facilities across the county, tracking 7 storage catchments, led by Birmingham, Coventry, Solihull, Walsall and Wolverhampton.

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 West Midlands County-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 West Midlands County

Storage demand concentrates along the M42 J6, A45, M5 J1, M5 J2 and A41 corridors, where road access and passing visibility drive enquiries. Operators with stores across the county include Big Yellow, Safestore, Storage King, Access Self Storage, Space Station and Ready Steady Store.

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 £27.40/sq ft (UK average, SSA UK / Cushman & Wakefield, 2026 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 West Midlands County store.

Storage demand signals in West Midlands County

Development activity is visible locally: 2 recent self storage planning applications in the county's council registers, tracked through our planning data feed. 76% of UK storage demand comes from domestic customers (SSA UK, 2026 report).

Self storage finance in West Midlands County

We arrange the full lifecycle of self storage finance across West Midlands County: 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 West Midlands level (SSA UK / Cushman & Wakefield annual reports; Savills yield research) and are presented as context for West Midlands County rather than a county-specific measurement. Housing-transaction figures are HM Land Registry price paid data for the towns we track; planning references are from council planning registers.