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Kangaroo Self Storage Expands into North East England

As an edge-of-city site, Wessington Way is a perfect location. The road is a key arterial route into Sunderland and the site is at a major roundabout at the junction of Hylton Retail Park which is fast becoming the city’s major retail destination. It’s a very visible site with easy access and ample parking. Sunderland provides a perfect introduction to the North East of England as the business looks to broaden its reach across the UK.” – Gareth Dougherty, Acquisitions Manager at Kangaroo Self Storage Kangaroo Self Storage, makes its…

Investment Fund for Wales Announces £40,000 Loan to Wrexham-Based Wynnstay Self Storage and Two Other Businesses

The first smaller loan deals from the British Business Bank’s £130m Investment Fund for Wales have been unveiled. The inaugural three deals from the Smaller Loans fund, managed by appointed fund managers BCRS, add up to a total of £95,000. The Investment Fund for Wales was launched by the Government-backed British Business Bank in November 2023 to boost the supply of early-stage finance to small and medium-sized businesses across Wales. The Fund offers a range of commercial finance options, with smaller loans from £25,000 to £100,000, debt finance from £100,000…

Wigwam Storage Acquisition of Warehouse is Set to Open its Newest Location in Lincolnshire (England)

A self-storage company has acquired a 57,500 sq ft warehouse on a 3.5-acre site in Lincolnshire. Operating under the name Wigwam Storage, the company, which currently operates sites in Worcestershire, Warwickshire, and Oxfordshire, is set to open its newest location during the summer. The former retail warehouse on Greetwell Road has been acquired from private clients of Eddisons by joint venture partners Wigwam Storage Management and Paloma Capital. Midlands-based agent Michael Johnson & Co-facilitated the transaction on behalf of the joint venture partners. Although the specific sale price for the…

Shurgard Self Storage S A Opens New Self Storage Facility in Tottenham, North London

Shurgard – the largest developer, owner and operator of self-storage facilities in Europe – is pleased to announce the opening of its new self-storage building located in Tottenham (North London). This new freehold facility opened its doors on April 15, 2024. Key Highlights Strategically located: Shurgard Tottenham is highly prominent on a main road with excellent access. The facility is ideally situated within the North London estate, making it a perfect fit for Shurgard’s expansion strategy across the London region. Proximity to major development: Located just 500 meters from the…

Self-Storage Giant Shurgard to Buy UK’s Lok’nStore for £378 Million

Following several successful acquisitions over the past year, I am excited to disclose this new acquisition in the UK, which doubles our presence in the country, and accelerates our growth and expansion strategy.” –  Marc Oursin, Chief Executive – Shurgard The deal will add 43 sites in England and Wales to Shurgard’s portfolio, the business said. One of Europe’s biggest self-storage companies has offered £378 million to shareholders of London-listed Lok’nStore to buy it off the stock exchange. A deal which the two companies’ boards announced on Thursday would give…

Plans to Turn a Former Mill Site into a New Storage Business Have Re-Emerged in Bradford, England

Last year Twenty4 Secure Storage, which operates a large self-storage site in Leeds, submitted a planning application for a similar site in Bradford, on Factory Street, off Tong Street. The development would have seen numerous shipping containers installed on the site for self-storage purposes, as well as a section of land used as open storage. The site was once home to Ackroyd’s Mill, which was demolished after being damaged in a huge blaze in 2011. Highways officers raised concerns about the plans, and the application was withdrawn. Now the company…

Storex Self Storage Facility Set to Open in Watford – Hertfordshire, England

A new “fully automated” storage facility is set to open at the former Cottage Linen Factory in Watford. Storex Self Storage will launch at 3 Rhodes Way on April 13 offering a keyless way to store belongings using just an app and QR codes. The facility will be “very highly secured”, according to Storex manager Raja Johal, as each storage space is individually alarmed and customers will only be allowed to visit the level of their unit to prevent break-ins. Although staff will be on hand to help in the…

Application Submitted for a Self-Storage Site in Durham (England)

Plans to create a self-storage facility on the Tanfield Lea Industrial Estate North have been revealed. The Trustees of Forster Family Pension Fund wants to change the use of the site, to facilitate the sitting of 57 shipping containers for self-storage hire. New vehicular access to the site would be created as a result of the scheme. Currently, the land – located between Tanfield Engineering Systems to the west and the Classic Windows premises to the east – comprises open grassland. Each of the containers would be individually accessed from…

Family-Owned Greenlock Self Storage Facility Opens Near Newmarket (England)

A new self-storage company has opened a secure compound near Newmarket. Greenlock Self Storage is a family-owned business off the A11 between Six Mile Bottom and the Fourwentways junction, making it accessible from Newmarket, Haverhill, Cambridge and surrounding villages. It is a first business venture for 35-year-old Jamie Hamilton, who lives in Ashley with his wife and two-year-old son and previously worked on studs in Australia and Newmarket. The units will serve households and small businesses, providing convenient access to large storage containers in a safe and secure environment. It…

Padlock Partners UK Fund IV Completes Acquisition Of Self Storage Facility in Sidcup (England)

We are thrilled to announce the acquisition of the Sidcup property and our continued growth in Greater London,” said Padlock Capital Partners CEO John Stevenson. “We look forward to serving the community and providing an excellent service to the area.” – John Stevenson, CEO of Padlock Capital Partners  Padlock Partners UK Fund IV (the “Trust”) announced today that it has successfully completed the acquisition of a self-storage property located in Sidcup, United Kingdom (the “Sidcup Property”) for a purchase price of £10,400,000, which was satisfied by way of cash from…