Business storage is storage space rented by a business for its stock, tools, equipment, office furniture or records, instead of taking on a larger shop, office or warehouse.
At Wigwam
A business rents the same units, on the same agreement, as a household. The terms that shape business use are these:
- The unit is for storage only. Clause 22(a) says it can't be used as an office, or as a home, business or mailing address.
- Payment is taken in advance for each period, and clause 5 says we "will issue an electronic invoice following payment", which gives you a record for your books.
- If you take more than one unit, clause 5 says all your agreements "will form one account".
- Anyone you send, such as staff or a courier you employ, counts as your agent, and clause 14 makes you responsible for what they do on site. We may ask anyone for proof of identity.
Pallets need planning too. Before sending palletised stock, ask your site whether it can take pallets and whether a forklift is available; don't assume either.
Deliveries need planning. Whether someone from Wigwam can sign for a parcel on your behalf isn't something to rely on, so arrange for someone from your business to meet deliveries, and ask your site what it can do before you book.
Business storage or a warehouse lease?
The difference is commitment. A lease ties you to premises for a term, with the costs of premises. A storage agreement runs until either side gives notice, normally 14 days, as set on the front page of your agreement, and you can move to a bigger or smaller unit if one is free. The limit is clause 22's wording: the unit is used "solely for the purpose of storage". If you're planning to pack orders or do any other work there, ask us first.
Related terms: Overflow storage · Document storage · Personal storage · Notice period
Related questions: Can I use my storage unit as a business address? · Do you provide VAT invoices for business storage? · Can I store goods or building materials on pallets, and is there a forklift?