The unit, next to Halfords in Roebuck Retail Park, has lain empty for a number of years. But it will be given a new lease of life when Sure Store, a storage company for individuals and businesses, moves in later this year. Stevenage Borough Council recently gave planning permission for the company to install its signage on the existing shopfront. The plans date back to 2021, when an application for the redevelopment of Roebuck Retail Park proposed that Sure Store could move into the vacant unit. A planning statement submitted…
Day: August 3, 2023
Cinch Self Storage Opens New Site in Earlsfield
Cinch Self Storage, a leading self-storage company in the UK, announces the opening of its 14th site in Earlsfield, London. The store, which boasts 25,000 sq ft of lettable space, opens following the regeneration of an unused brownfield site, with a number of environmentally-friendly features implemented to ensure the long-term operational sustainability of the facility. Measures include: Renewable energy use: The site boasts 136 solar panels generating 55.76 kWp of electricity. Water efficiency: The facility is equipped with low-use appliances and control devices to conserve water consumption. A green roof…
Cheltenham Gym Closing Soon After Self-Storage Units Get the Go-Ahead
A gym in Cheltenham has been given the green light by council planners to be converted into self-storage units following a drop-off in membership. With planning permission now granted, Welcome Gym on Grosvenor Terrace will close in a matter of months. The space occupied by the gym will be taken over by the only other business at the location. StoreAway Self Storage, which will convert the remaining gym space into further storage units. An exact date for the closure has not been given, but it is expected the health and…
Padlock Partners UK Fund IV Completes Acquisition Of Newbury Property
Padlock Partners UK Fund IV (the “Trust”) announced today that it has successfully completed the previously announced acquisition of a redevelopment property located in Newbury, United Kingdom for an aggregate purchase price of £9,185,000 (exclusive of closing costs), which was satisfied by way of cash from the proceeds of the Trust’s initial public offering (the “Offering”). On July 26, 2023, the Trust indirectly acquired a freehold interest in a self-storage warehouse property located in Newbury, United Kingdom (the “Newbury Property”). The Newbury Property currently comprises an existing three-storey warehouse with…