Unlocking the Potential of Open Storage Real Estate in the UK
In the evolving world of logistics and property investment, open storage real estate is gaining momentum across the UK. As industries adapt to supply chain demands and e-commerce growth, businesses are seeking flexible, cost-effective solutions. Open storage real estate, used in the second line of this paragraph, provides exactly that. Whether you're a property owner, investor, or business in need of outdoor storage space, this segment of the market offers immense potential. With insights gathered from one of the most innovative platforms in this space, this guide explores how open storage works, its advantages, and what makes it a prime asset class in the UK today.
What is Open Storage Real Estate?
Open storage real estate refers to land that is rented or leased for outdoor storage purposes. Unlike traditional warehousing or enclosed facilities, open storage properties are often paved or unpaved lots used to store vehicles, equipment, containers, raw materials, and more. These spaces may include fencing, lighting, or basic utility infrastructure but typically lack permanent buildings. Businesses such as construction companies, logistics firms, vehicle dealerships, and even event organisers often rely on open storage. These areas are ideal for items that don't require indoor protection but still need secure and accessible locations.
The Rise of Open Storage in the UK Market In recent years, demand for open storage real estate in the UK has soared. Several factors contribute to this growth: ● Urban logistics: As online shopping booms, companies need more last-mile delivery hubs. Open yards close to cities are perfect for staging areas and overflow storage. ● Flexible use cases: Businesses appreciate the versatility of these spaces. From storing machinery to seasonal inventory, the uses are vast. ● Lower costs: Open storage typically has lower rent than enclosed warehousing, making it attractive for short-term or low-margin operations.
This shift has also caught the attention of investors. In the UK, limited supply and increasing demand are driving up the value of quality outdoor storage assets, especially those with good access and zoning permissions.
Who Uses Open Storage Spaces? The tenant pool for open storage real estate is incredibly diverse: ● Construction companies store equipment, materials, and vehicles during project timelines. ● Transport and logistics providers park fleets or use space for trans-shipping. ● Retailers and distributors need seasonal overflow storage for goods.
● Local councils or utilities use yards for maintenance vehicle parking or material storage. ● Film and events companies use the space for sets, props, and staging.
Because of this diversity, landlords can enjoy a broad and resilient tenant base, reducing vacancy risk.
Benefits of Open Storage for Landowners and Investors 1. High Yield Potential Compared to traditional residential or commercial real estate, open storage sites can provide higher yields due to increasing demand and relatively low development costs.
2. Low Capital Expenditure Developing or upgrading an open yard usually requires less capital than building structures. Grading, fencing, and adding lights may suffice to make land lease-ready.
3. Scalable and Flexible Use Open yards can easily be reconfigured to suit new tenants, making it easier to adapt to market changes. You can scale operations or divide lots based on demand.
4. Strategic Location Demand Properties near motorways, industrial hubs, or ports are especially attractive. These strategic locations command premium rents and lease terms.
How Technology is Revolutionising Open Storage Leasing The traditional process of finding and leasing open storage space can be slow and inefficient. However, platforms like getYards are simplifying this process for both landowners and tenants. By digitising the leasing process, the platform connects landowners with verified business tenants, streamlining everything from discovery to agreement.
Key innovations include: ● Digital listings: Making open yards searchable by size, location, and availability. ● Easy onboarding: Property owners can quickly list their space with photos and descriptions. ● Verified tenants: Businesses go through checks to ensure reliability and safety. ● Contract management: Leasing paperwork is handled online, saving time and reducing legal hassle.
How Businesses Benefit from Digital Open Storage Platforms For businesses seeking space, online platforms have changed the game: ● Faster discovery: No more relying solely on brokers or word-of-mouth. ● Transparency: Pricing, availability, and terms are clear upfront. ● Location variety: Companies can find the ideal lot size and proximity to their operations. ● Flexible leasing: Many listings offer short-term or rolling contracts, ideal for project-based work.
This shift towards on-demand storage leasing gives businesses the agility they need in today’s fast-paced environment.
Key Considerations Before Investing in Open Storage Property If you're considering investing in or leasing out land for open storage, keep these factors in mind:
● Planning permission: Ensure the land has the proper zoning or permissions for commercial storage use. ● Access and surface: Tenants prefer surfaced yards with good vehicle access. ● Security features: Fencing, lighting, and surveillance boost tenant interest. ● Proximity to infrastructure: Being near major roads or industrial zones can significantly increase value. ● Environmental factors: Drainage, pollution controls, and local restrictions should be evaluated.
Future Outlook for Open Storage Real Estate The UK’s real estate market is continuously evolving, and open storage is proving to be a resilient and growing sector. With rising pressure on logistics infrastructure and the growing complexity of urban space use, demand for outdoor storage solutions will likely remain strong. Innovations in property technology will further facilitate faster transactions, data-driven leasing, and better use of underutilised land. For investors, now is a promising time to enter this market, especially with tools and platforms available to reduce entry barriers and maximise returns.
People Also Ask What is the open storage system? An open storage system refers to the use of outdoor, unsecured or semi-secured areas for storing items that don't require indoor shelter, such as vehicles, containers, or construction equipment. What is open space in real estate? Open space in real estate usually means undeveloped or minimally developed land areas that are preserved or used for specific purposes, like parks, yards, or outdoor storage. What is open storage? Open storage is a type of storage that occurs outdoors or in spaces without full enclosure. It is often used for storing items that are not sensitive to weather or temperature.
What is the meaning of open storage area? An open storage area is a designated land section used for keeping materials, goods, or vehicles in an outdoor environment, often with minimal infrastructure. What is the difference between open and closed storage? Open storage takes place outdoors or in unenclosed areas, suitable for weather-resistant items. Closed storage, on the other hand, occurs within buildings or containers, offering protection from weather and theft. What are the three types of storage locations? The main types are open storage (outdoors), covered storage (sheltered but not enclosed), and closed storage (fully enclosed warehouses or buildings).
Conclusion Open storage real estate offers a versatile and profitable option for businesses and investors alike. As UK industries seek more agile solutions for logistics, distribution, and temporary storage, the demand for well-located open yards continues to rise. With innovative digital platforms simplifying the leasing process, it’s easier than ever to connect property owners with tenants who need space. Whether you're a landowner with unused property or a company needing outdoor storage, the opportunity is clear—getYards provides the bridge to tap into this growing market.
