What is a storage auction





A Storage Auction is the auctioning of the contents of a self storage unit that has either been Abandoned or the rent has fallen to far behind breaking the tenants contract. The unit owner then has the right to take it upon him self to sell the entire contents so they can re-rent it to a new tenant and try and salvage any funds they can from loss of rent. The contents of the unit is normally sold as a whole on site with a Live Auction. This will be conducted by an Auctioneer whom will receive a percentage of the final Bid price. Most Auctioneers do not permit you to go through the contents of the auction. You are allowed a small look at the contents and must make your Bidding decisions based on that look. Yup anyone can Bid on a Storage Auction in the United Kingdom.