LA Musician Uses Self-Storage Space to Create Hot Live Music Venue

Matt Somers By Matt Somers, 12th May 2014 | Follow this author | RSS Feed
Posted in Wikinut>Business>Business Opportunities

LA Musician Tyler Stevens-Tyler has made great use of his self-storage space to start one of the city's most spoken about live music venues.

Propinquity Space

The Propinquity Space is one of the hottest and most exclusive music venues in Los Angeles. And with just three seats, “The Prope", as it’s commonly known, oozes hipster appeal.

What makes this spot different from other popular live music hangouts is the fact that The Prope is an 8 x 10 foot self-storage facility.

The unit's tenant-cum musician, Tyler Stevens-Tyler, began using the unit as a session room after he lost the use of his usual practice spot in Bedrock L.A.

The rental for the storage unit was just $1 for the first month and then $125 for each month thereafter – making it a highly affordable option for a band. Once Tyler started using the space as a performance venue for hip new bands, its lucrative potential became clear. Today people queue for blocks, sometimes standing for hours, just to make it into a performance.

How can your business take advantage of self-storage facilities?

Both new and established businesses can benefit in several ways from using self-storage facilities, which provide secure space at a much lower cost and with more flexible lease terms than traditional office space. Small or online businesses may even choose to run all their operations from within self-storage units, resulting in dramatic savings on office and storage space.

Other popular business uses of self-storage units include:

• storing seasonal stock
• keeping inventory close to potential customers to allow fast delivery
• storing files, spare furniture and other clutter to free up office space
• archiving important documents
• storing spare office fittings, hardware and supplies
• small-scale hoarding for distribution
• storing data and equipment to enable rapid recovery of operations in the event of an emergency at the main business premises.

Things to consider when renting a self-storage unit

Before renting a self-storage unit, it’s a good idea to determine how much space you require and for how long. Then do some research to find the self-storage provider who can best meet your needs. As well as comparing rates, check whether the provider offers reliable, round-the-clock security and whether you’ll have convenient access to your stored belongings. Also consider whether the storage provider offers short-term leases so that you won’t be locked into a deal for a unit that proves either too small or too large for your needs.

Tags

Business Opportunities, Live Music, Music, Storage

Meet the author

author avatar Matt Somers
I love reading and writing about different topics. I'm interested in anything to do with art, history, travel and sports.

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