As published in Property Week on 25 September

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The boom in the luxury co-working market in the past few years has led us to associate flexible office space with plush surroundings, ‘quirky’ neon signs and free prosecco on tap. But, at the opposite end of the scale, there is the basic, practical office space which self-storage companies are increasingly providing within their warehouses.

“All of the main self-storage operators are [providing offces] at the moment, to a greater or lesser degree,” says Steven Turner, partner and head of the business space team at Rapleys. “It’s not necessarily a new thing, but the operators have seen an increase in enquiries and occupation due to Covid.”

Operators are dipping their toes in the flexible office water, but we should not expect the self-storage sector to become a major player in workspace overnight. “Their core business is still self-storage and that will remain the case,” says Turner.
“But they will continue to provide flexible offices – it’s a growing part of the sector.”

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