Is Preston Cinema Going To Be A Self Storage?

PLUS: Beverley Feb Figures

 

Goood Day Store Fam..A..Lam

Very quiet week on the reservation front for us at Store More HQ

Only 5 for the week so far …. Aghhhhhh

Right …Letsssss gooooooo …

Here’s today’s newsletter

  • 2 Reservations

  • 0 Move Ins

  • 3 Move Outs

Lets … Do … This ….

Here's what's coming your way today 😎🎯

🤐 A Self Storage Tip - “Beverley Monthly Figures“

🤝 3 Self Storage News Stories

🧐 Yesterday’s Figures For Each Facility

🥸 1 Meme of the Day

Self Storage Tip 💡 💰

Highlights

  • 16 reservations which 1 less than last month but is 6 more compared to February 2025.
     

  • 41% conversion rate  which 11% higher than last month & 26% higher compared to February 2025.
     

  • Sq.ft. Moved in at 1,625 is up by 545 from last month & is 580 more compared to February 2025. 
     

  • Sq.ft. Moved out at 895 is 145 less than last month, however, is still 270 higher compared to February 2025. 
     

  • Net sq.ft result of positive 730, this is up by 690 from last month and is 270 higher compared to February 2025, we have now finished positive sq.ft. 6 out of the last 7 months. 
     

  • Total sqft occupied second highest ever at 8,050, this is an increase of 14.67% from February 2025 to February 2026.  
     

  • Average insurance sold to new customers was £7,705, above the £7,000 target. 

 
Opportunities

  • 39 quotes, which is 19 less than last month & down by 24 compared to February 2025. 
     

  • Contact made from quotes below 60% at 56%.
     

  • Cancelations above 10% at 12.50%. 
     

  • True Period revenue increased by 7.81% from February 2025 to February 2026 which is under the 10% mark. 
     

  • Average customer value at £199.06 is down by £36.00 from last month, is down by £6.09 compared to February 2025 and is the lowest figure since February 2024. 
     

  • Churn rate decreased by 2% from last month, but is still over 10% at 12.23%.  

 
Actions

  • Google ads now turned off, track the level of quotes to ensure this was the correct decision as quotes are down, March 2025 we received 63 quotes , as it stands, we are only on track to hit 38 quotes. 
     

  • Investigate the cancelations to ensure the correct booking process is being followed.
     

  • Design and order a free van sign that can be put outside at Beverley, for example near sensor pad on the inside of the gate. 
     

  • Remove ½ price offer from 160 sq.ft. Ground floor units and reduce offer on 60 sq.ft. 1st floor units from 8 weeks to 4 weeks, can we also increase the street rate on the 60 1st floor units. 

 

Score

 8/10 

Industry News 🧐 …

  • Companies are using smart storage to boost business in Birmingham, here's how

  • A $10.5 billion deal would create a self-storage giant in the U.S. - Yahoo Finance UK

  • Odeon Preston say they remain committed to Docks cinema despite self-storage plans

The Fun Bit - My Business .... Bare Butt Naked! 😲🤫🤭

Yesterday’s Results -

Willerby (Hull) … My Big Site
  • 0 Reservations

  • 0 Move Ins

  • 1 Move Outs

Month to Date -

  • PLUS 1,690 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Clough Rd Figures ... The Automated Site
  • 0 Reservations

  • 0 Move Ins

  • 1 Move outs

Month to Date -

  • PLUS 670 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 0

Beverley … My Baby (First Site)
  • 0 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • PLUS 45 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 0

Wrexham's Figures (Indoor) ... My First Acquisition
  • 1 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • PLUS 170 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Mansfield Figures
  • 1 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • 0 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Glasgow
  • 0 Reservation

  • 0 Move Ins

  • 1 Move Outs

Month to Date -

  • MINUS 880 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 0

South Shields
  • 0 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • 0 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 0

TOTALS -

Reservations so far this week = 5

Move Ins so far this week = 3

Meme / GIF of the day -  👀😂

Health and Fitness ... Move More = Live Longer - 🏋️‍♀️ 🏃

Weekly goals -

  • Gym - 3 times

  • Run - 25miles

Results so far -

  • Gym - 0

  • Run - 7 Miles

Yesterday’s Steps - 19,139

 

Loads of self storage love,

Dean ❤️ 🙃

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