Basildon Toys R Us Building To Be Brought Back Into Use

Plans to bring Basildon’s empty Toys R Us back into use after nearly four years have been approved. Toys R Us had occupied the shop in Southernhay since 1985 before leaving four years ago after the firm went out of business. Now the vacant shop is set to become an “urban” storage facility called Storeaway following a successful change of use planning application submitted by Away Cheltenham. The new facility will largely serve residents in the town and businesses who need space for archiving, additional stock room space, furniture, and…

The Store Room Submits Plans For A New, Modern & Sustainable Self Storage Facility At Peterborough One Retail Park

The plans for the new facility include state-of-the-art self-storage units for local business and domestic use, as well as high-quality office and co-working space. The Store Room’s new development at Peterborough One Retail Park is due to be completed in 2023 and will not only meet the growing demand for self-storage but also offer flexible co-working solutions to support the local business community. This new facility is part of the wider development at the Peterborough One Retail Park, following the addition of the new Aldi store, which opened in June…

Saltney Based Re-Use Expert Paul Plans To Turn Scrap Into Refugee Shelters And Play Dens

A re-use and repurposing expert is developing a new line in easy to assemble structures which can be used for everything from disaster relief shelters to children’s play dens. Paul Ridley is a familiar sight at car boot sales across North East Wales and Cheshire where he sells screws, bolts, fixtures and fittings for DIY at knock-down prices. His social enterprise operation Cabinz Cic uses four giant units at Lock Stock Self-Storage on River Lane, Saltney. Paul’s plan is for a low-cost kit that would provide the hardware to turn…

Big Yellow Sells Industrial Warehouse Scheme For GBP 61 Million

Big Yellow PLC on Monday said it has conditionally sold its industrial warehouse scheme in Harrow, London. The self-storage facilities operator has conditionally agreed to sell the industrial warehouse for gross proceeds of GBP61 million. Big Yellow said that completion of the sale was dependent on practical completion of the development, and is expected to occur in August. The company added it has deployed about GBP27 million of capital expenditure to date with a cost to complete of about GBP 4.5 million, totaling GBP 31.5 million including the cost of…

Valor Extends London Last Mile Footprint With c. £70 Million Buy

Valor Real Estate Partners has acquired two urban logistics estates, located in Mitcham and Watford, for a total consideration of c. £70 million, from DTZ Investors. In Mitcham, South London, Valor has completed the acquisition of a 105,000 sq ft multi-let industrial estate on Mitcham Industrial Estate. It occupies a prime last-mile logistics location on the A216, providing direct access to the A23 and A24 in less than 10 minutes’ drive. Currently, 72% occupied by tenants spanning the self-storage and DIY sectors, it offers a mix of strong day one…