If you are need of self storage in Newnan, there are many self storage facilities you can select from. But, one of the factors that should heavily influence what facility you select is whether the facility makes you sign a long term lease for the storage unit. Some facilities allow you to rent the unit on a month-to-month basis, while others require you to sign a six or twelve month lease. There are pros and cons to signing a long term lease, and thinking about these pros and cons will help you make a decision as to whether signing a lease is right in your situation. Here are some of the pros and cons of signing a lease for self storage units.
Pros of Signing a Long Term Lease for Self Storage:
The major advantage to signing a long term lease for Self Storage in Newnan is that you are locked into a price. The price at a storage facility can go up as often as the owner wish to change the rates. And unfortunately, the owner can increase rates by as much as they wish as well. When you sign a long term lease, you lock in the rate that you will pay. This means you won’t have to worry about increasing rates or moving facilities because of a rate hike.
Cons of Signing a Long Term Lease for Self Storage:
The biggest downside to having to sing a long term lease when renting a storage facility is that you are tied into a lease. If you no longer need a storage unit, you may still have to pay for it, or at the very least, pay an early termination fee to get out of the contract. This provides for very little flexibility, which some people simply don’t care for.
If you are looking for a self storage facility, check out Greison Storage in Newnan. They offer both month-to-month leases and long term leases. This allows them to accommodate both those who want to rent for a short period of time, or those who are planning on staying put for an extended period of time.