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Wolverhampton has long been a hub for business with the earliest recorded market being as far back as 1179. However, this is reputed to have upset the then King, King John as the market itself did not have a Royal Charter. It was not until 1258 that Henry 111 granted the Dean of Wolverhampton an official charter for the market to legally take place.
The market quickly became the centre of commerce for Wolverhampton and its surrounding areas with trade primarily revolving around agriculture, in particular the wool trade. The industrial revolution had a significant impact on the market town, largely due to the natural resources of Wolverhampton and the surrounding areas of the West Midlands: coal, limestone and iron ore being in abundance locally.
Prior to the impact of the industrial revolution, the census of 1801 recorded a little fewer than 12,000 people living in Wolverhampton. By the census of 1901 the population had grown significantly to 162,000. As the population increased throughout the 19th and 20th centuries, local services were vastly improved and in particular the water supply and sewage networks were developed: ensuring the demand of the housing boom was being met by the provision of suitable utilities.
During the 20th century, the city had developed into one of the main drivers of the British economy with Wolverhampton and the West Midlands becoming the centre of the automotive industry in the UK. This continued growth within the many established industries of the area meant provisions had to be made for the population as a whole; this not only included housing, but also provision for recreation and retail facilities.
Today, retail parks have been developed to service the community and include many allowances for recreation as well as industry. With a current population of over 250,000, Wolverhampton is still a centre for industry and growth. Albeit the industries of the past have faded out, there are still many major factories with their operational base in the area: Jaguar Land Rover is just one example of the calibre attracted to the West Midlands.
As the city of Wolverhampton has been developed, so has the pressure on land and premises. The premium placed on land and property is not unique to the West Midlands but the way in which this particular area has dealt with the growing constrains of the economy could be construed as such. With retail and production space becoming increasingly valuable, storagespace previously took something of a back seat: little money was made by companies with more storage space than workspace.
Over the centuries Wolverhampton has developed into a major city, not only in the West Midlands but in the UK as a whole, and one where the provision of self storage plays and ever increasingly important role.
As a result, the concept of self storage has been established to help both businesses and home owners cope with their storage needs. With houses and workspaces becoming increasingly smaller, the availability of a service whereby business and individuals could rent a storage space to suit their needs was a very welcome introduction.
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