Economic Indicators

What Are the Costs of Temporary Storage Buildings

On average, the world’s construction industry is expected to grow 3-4% between 2018 and 2022. In 2018, Europe’s construction market was valued at $2.8 trillion (that’s 25% of global construction output). The demand for temporary storage structures is also on the increase

Temporary storage buildings provide swift and efficient options for meeting factory and storage demands. Built with different materials such as steel frames and PVC fabric, temporary storage facilities don’t require much effort to erect. They are great alternatives to permanent warehouses and factories.

If you are looking for cost-effective and flexible temporary storage units in the UK, consider choosing Smart-Space, the country’s leading provider of flexible storage structures. Buildings from Smart-Space are cost-effective and relocatable. You can easily dismantle them and move them to a different site if the need arises. Furthermore, you can customize and expand your temporary storage structures to meet your needs.

The smart storage facilities they provide find applications in different industries ranging from retail, emergency healthcare, education, and manufacturing.

How much do temporary buildings cost?

Quite understandably, people who have not installed temporary buildings before may not have any idea about their costs. Knowledge of a handful of variables is needed to estimate the costs of temporary structures.

A lot of factors come into play when you are estimating the costs of temporary buildings. These may depend on how long you intend to use the facility, the size of the property, and whether you are renting the building or not.

Costs involved in hiring a temporary building

Similar to most hire deals, the cost of hiring a temporary building will be lower if you are acquiring the property for longer periods. The monthly costs of hiring a temporary unit for 2 or 3 months, however, would be greater than if your contract were to last 3 to 6 years.

Depending on the building contractor’s quotes and your requirements, it may cost you about £300 to hire a basic storage unit or canopy. Starting from that price, there may be a nominal increasing scale with respect to the specification.

With Smart-Space, it’s up to you to decide:

  1. What type of building you are interested in
  2. How many temporary storage units you need
  3. Types of doors, lighting system and heating among other things.

Smart-Space UK will then provide you with affordable quotes for the temporary storage unit of your choice. You could check here for more info on Smart-Space temporary buildings.

It’s important to also consider the transportation, installation and removal costs as they will vary depending on your location, equipment and labour. For the most part, these costs will maintain the hire of a temporary facility at the same cost as hiring industrial storage units off-site.

In the unlikely event that costs go in the direction of the latter, many people will still opt for extra storage spaces on-site. Hire fees can be incorporated into your monthly operational budget.

What costs are involved in buying a temporary storage facility?

While there is also an option for you to buy temporary buildings from Smart-Space, the big question is how beneficial is it to buy a property that will only be used temporarily? Temporary buildings are named so because of their short-term use. However, they can also be used for the long-term provided they satisfy the requirements of the British Standard for structural safety (BS6399).

Just to explain that a bit, it means that the buildings should be able to withstand the UK’s maximum expected snow loadings and wind forces. If they meet these requirements, they can be used permanently. Smart-Space provides you both hire and purchase options for temporary buildings. Get the flexibility to meet your business requirements and financial budget.

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