Storage Agreement Fill out the template

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Storage Agreement

Last revision Last revision 16/11/2023
Formats FormatsWord and PDF
Size Size10 to 15 pages
4.9 - 14 votes
Fill out the template

Last revisionLast revision: 16/11/2023

FormatsAvailable formats: Word and PDF

SizeSize: 10 to 15 pages

Option: Help from a lawyer

Rating: 4.9 - 14 votes

Fill out the template

This document allows for a business to charge for someone to store their goods in an area/space owned by the business. It can be amended to reflect the specific needs of the business that owns the storage space and addresses typical issues which may arise under a storage agreement.

The document will provide both parties with clear terms dealing with the core aspects of the storage agreement such as payment, location of the storage space, approved use of the storage space and what can and cannot be stored in the space, as well as broader issues such as liabilities and insurance.

Crucially, this document provides the owner of the storage space with a right of lien over the goods kept in the space. This means that where the user of the space fails to pay the owner, the owner may keep and eventually sell the user's goods to recover the money that remains unpaid to them.

Please note that the document should not be used for non-business customers.

How to use this document

The contract should be provided to both parties to be signed and exchanged. The parties should read and understand all terms of the contract before signing. If either party is a company, the document should be signed by an authorised person such as a director or secretary. Both parties should then keep a copy.

If any further matters are required to be agreed, or any agreed amendments made, such agreements should be documented, dated and signed.

Applicable Law

The contract is governed by the general principles of contractual law.

A minimum standard of care will be implied under the Sale of Good and Services Act 1982.

Where the business who owns the storage space is based in England and Wales or Northern Ireland, rights regarding third parties are also addressed in the Contracts (Rights of Third Parties) Act 1999.

Both parties should also be aware of the provisions of the Unfair Contract Terms Act 1977.

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