News

Storage lockers up for auction

The popularity of reality cable TV shows Storage Wars and Auction Hunters are changing the landscape of both the storage and auction industries.

In British Columbia the Warehouse Lien Act, last revised in 1996, allows storage facilities to dispose of goods from a storage unit if the rental goes unpaid for a period of time and legal notice is given to the renter.

A Vernon storage company will hold such an auction.

Rxtra Storage on the Swan Lake Auto Mile will sell five household lockers, two campers and one delivery van on Saturday. Registration is at 11:30 a.m. and the auction starts at 1 p.m.

Most of the auctions are done in a similar manner to what people see on TV, with locks cut or removed, a five-sminute viewing window and then the contents are sold to the highest bidder.

“It appeals to the gambler in lots of people, not knowing what might be there and hoping to find something valuable.” said Vernon auctioneer Kevin Rothwell of Rothwell Auction who will conduct Saturday’s bids.

 

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