Safestore Holdings Plc (SAFE)

Overview

Safestore is the premier self-storage organization in the United Kingdom, boasting an impressive portfolio of 163 stores across several key locations. With its inception in 1998, the company has grown to be the largest in the UK, having a solid presence in major metropolitan areas including over 70 stores in London and the South East as well as other cities like Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, and Bristol. Expanding its footprint beyond the UK, Safestore has established 28 stores in the Paris region, ventured into the Netherlands with 6 stores, and made its mark in Spain with 4 stores in Barcelona. This expansion underscores Safestore's commitment to serving a wide range of customer needs across different geographies. The company's significant milestone includes the acquisition of the French self-storage business Une Pièce en Plus in 2004, a strategic move that marked its first venture outside the UK. This acquisition also reflected the leadership and vision of Frederic Vecchioli, the founder of Une Pièce en Plus, who is now the CEO of the Safestore Group, steering the company towards greater heights of success and innovation in the self-storage industry.

Products and Services

Safestore’s portfolio of products and services caters to a broad spectrum of storage needs, ranging from individual to business requirements. This versatility ensures that both personal and professional clients find solutions that precisely match their storage needs.

• Personal Self-Storage:

Designed for individuals facing life events that require extra space, such as moving homes, traveling, or decluttering. Safestore offers secure, accessible, and flexible storage solutions that help ease the transition during these times. Customers can choose from a variety of unit sizes, ensuring that whether the need is for storing a few items or the contents of an entire house, there’s a fit-for-purpose option available.

• Business Storage:

Businesses, ranging from startups to established enterprises, often require additional space for stock, equipment, files, or even office relocation. Safestore provides tailored business storage solutions that are secure, flexible, and designed to grow with the business. This service includes features like free receipt and dispatch of goods, extended access hours, and the flexibility to upsize or downsize units based on current business needs.

• Specialist Storage:

This includes tailored solutions for specific items or needs, such as wine storage, archive storage, and student storage options. Each solution is designed with the optimal conditions and security measures for the stored items, ensuring peace of mind for the customers.

• Packaging and Moving Supplies:

In addition to storage solutions, Safestore offers a comprehensive range of packaging and moving supplies. This includes sturdy boxes, bubble wrap, packing tapes, and more, available for purchase at their locations. These supplies are aimed at providing customers with a one-stop-shop experience, making the storage process as convenient and efficient as possible.