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I do not run a grab lorry, but I probably have similar interests to you. You would need an operators license for the lorry, which in all likely hood would mean that you would need a premises to operate from, then 6 weekly checks on the vehicle. Also the lifting equipment (grab) also needs to be tested and certified - (LOLER). You also need a waste carriers license. Most grab lorrys are 12 tonners, so a class 2 license would be required.
It seems that it would be hard to enter in to the industry given the cost of the requirements above unless you already had contacts and could start working straight away. Thats about all I know, but if you want to discuss heavy machinery business ideas feel free to contact me.
Until the couincil hit them with an enforcement order...Dependant on your location, there may be farms with large amounts of unused land that might willing to let you use some for storage at a decent price.