Can Storage Containers Solve the Soaring Cost of Bricks?

Published On : 07/07/2022

By Anna Richard, from Mobile Mini.

It’s no secret that building materials are becoming more expensive. In fact, annual material prices increased by more than 24 per cent in March 2022, no doubt due to national inflation rates and shortages on the back of the Ukraine conflict. This has influenced the production and sale of multiple building materials, from roof tiles to steel and brick. The price of Forterra bricks, for example, increased by 12 per cent from 1st April.

To address the soaring cost of materials, professionals within the construction industry can think of innovative alternatives to everyday buildings. Mobile Mini, a leading provider of storage solutions, has examined the benefits of using storage containers instead of traditional bricks and mortar businesses.

Space conscious 

Office spaces have changed in recent years. Since the global pandemic, the demand for offices has decreased by 9 per cent, and more companies have adopted a hybrid model of working. In London, however, the average amount of office space being rented has increased from 13.5m square foot per year. This is a 1.14m square foot rise from the previous decade.

So, as businesses in city centres scramble to secure larger office spaces, what happens when availability faulters? If constructing new buildings isn’t an option, it would be logical to introduce an alternative to traditional office spaces. Storage containers could be the answer to this problem, offering more room for growing businesses.

Flexibility 

Storage containers are a more flexible option than traditional office spaces. Rather than being set in stone, they can be a temporary solution for businesses unsure of their future situations. This is useful for companies that want to try their luck at pop-up stores, a business trend that is proving successful for trade around the nation, including Shared Spaces in Barry.

Offices crafted from storage containers can also be used by hybrid or remote workers. These community working hubs can be hired by companies and individuals alike, whether they want a temporary or permanent desk. Cardiff Containers has opened in the capital of Wales, offering this exciting opportunity to those in the city.

Customisable  

Storage container offices might look modern and industrial from the outside, but they can be fitted with all of the same comforts as traditional buildings. This includes everything from running water to electricity, meaning that companies can continue with their business as normal and turn the kettle on at break time.

This means that you can make any space personal to your business ethics, whether you’re a minimalist or maximalist interior design enthusiast. There are storage containers for rent that start as a blank canvas and are ready to be designed to your specifications.

Economical

The economic benefits of storage containers are dependent on a few variables. If businesses want to renovate and build their own storage complex from scratch, the price would be a lot more than simply renting one that is ready. On the other hand, it is more financially viable compared to building a new brick-and-mortar business.

To rent a storage container office at Cardiff Containers, for example, would cost £350 per month. In comparison, it cost anywhere between £110 and £26 per square foot to rent traditional office spaces across the UK in 2021. Although this varied depending on location, it’s always a good idea to have a search for the most cost-effective options before opening a business.

Storage containers might be a temporary solution to the shortage of bricks, but they have the ability to become a long-term alternative for office spaces. There’s nothing to stop companies and individuals from using these in the future, whether they’re looking for a quick-fix or a more permanent space.

Sources

https://www.homebuilding.co.uk/news/construction-materials-shortage

https://www.londonfirst.co.uk/news-publications/news/logistics-space-under-pressure-and-could-run-out-in-just-five-months-report

https://www.businessinfocus.co.uk/pop-up-shop-in-barry-declared-a-resounding-success/

https://www.business-live.co.uk/commercial-property/new-shipping-container-office-scheme-21616508

https://www.statista.com/statistics/323013/uk-real-estate-prime-office-rent-prices-in-selected-cities/

Jessica Weisman-Pitts

Jesse Pitts has been with the Global Banking & Finance Review since 2016, serving in various capacities, including Graphic Designer, Content Publisher, and Editorial Assistant. As the sole graphic designer for the company, Jesse plays a crucial role in shaping the visual identity of Global Banking & Finance Review. Additionally, Jesse manages the publishing of content across multiple platforms, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.