Author: Shinil

Plans for New Self-Storage Approved in Wisbech, England

The drive-thru unit will be occupied by Starbucks and the self-storage unit will be occupied by Cinch Self Storage.” New storage units have been given the go-ahead along with a new drive-through Starbucks coffee shop. Fenland District Council has given UA Asset Management planning permission to develop the former Parkside Nurseries site on Cromwell Road, in Wisbech. Proposals include two new storage units and a drive-through takeaway. UA said in a planning statement: “The drive-thru unit will be occupied by Starbucks and the self-storage unit will be occupied by Cinch…

Seven-figure HSBC Funding Boosts Expansion of My Lockup Storage Sites in the UK

A storage company is targeting expansion after securing a seven-figure funding package from HSBC UK. My Lockup provides private storage rooms for more than 2,000 customers to rent for business and household use across Yorkshire, the North East and Lincolnshire. With support from HSBC UK, My Lockup is set to make a significant expansion to its 11 sites, increasing lettable space capacity and, in turn, enabling a larger provision of storage facilities in rural areas across the North. As a result of the expansion, the business is expecting a 25…

Derelict Building to Become StorageMart Self Storage in Portslade, England

The new location will feature video surveillance and access control systems, with a range of unit sizes to suit families and businesses alike across 65,000 square feet of space.” An ‘eyesore’ building is set to become a self-storage centre with space for more than 1,100 units. The Hove Car Spares site looking over Shoreham Port in Portslade will be re-clad and transformed into a multi-floor self-storage location in new plans by property consultant Stiles Harold Williams. Self-storage company StorageMart plan to take over the building after the redevelopment to “support…

Big Yellow Gets Planning Permission for Site in Epsom, England

  Self-storage warehouse operator Big Yellow said it had obtained planning consent at appeal for a 58,000 sq ft storage centre on its site in Epsom, London. The company on Tuesday said it expected the new store to deliver an 8.5% net operating income return at stabilisation on the total capital deployed of £20m. “As we have previously identified, conditions in the construction market have ameliorated significantly and we are therefore motivated to build out these stores which will generate high cash returns on the incremental construction spend; in this…

Self-storage to Replace Burnt Linen Factory in Watford, England

Plans have been submitted for signs to be installed as part of a plan to build a new self-storage facility on the site of a former linen factory, abandoned following a fire. The plans, validated yesterday (Friday, December 8), seek permission to display three external illuminated signs and one non-illuminated fascia sign at 3 Rhodes Way, Watford. The address is currently vacant after the Cottage Linin Factory was cleared following a fire in 2018. In April this year, conditional permission was granted for the site to be redeveloped into a…

Go-ahead For New 1st Self Storage Park in King’s Lynn, England

A new self-storage park will help people whose smaller, modern homes do not have enough space for their belongings. West Norfolk council has given 1st Self Storage planning permission for the two-acre facility off Edward Benefer Way, near the St Nicholas Retail Park. Planning papers say it will consist of 48 full-size container units, 16 half-size units, 16 quarter-size units and two utility storage units. In a planning statement, the firm’s agents say as well as businesses and self-employed tradespeople, the units will also be available for private use. “There…

Lok’n’Store Buys 3.5 Acre Site in Eastbourne (England)

Lok’n’Store, the Hampshire-based provider of self-storage space, has purchased the Birch Road in Eastbourne from Alfa Laval Ltd. Flude Property Consultants oversaw the deal, the total price amounted to £5.25 million. Alfa Laval sold the site as part of a relocation and property modernization strategy. The property comprises 83,000 sq ft of industrial, warehouse and office buildings on a 3.48 acre site. It also benefits from a substantial frontage to the A2290 Lottbridge Drove. Visit Hampshire Biz News for bright, upbeat and positive business news from the county Lok’n’Store plans…

Safestore Self Storage (UK) Reports Steady Revenue Growth Amid Occupancy Challenges

Self-storage company Safestore Holdings PLC has reported a modest increase in its fourth-quarter revenues, despite facing some headwinds in occupancy rates and revenue per available foot. The FTSE-250 listed firm saw its total revenues rise by 1.4% to £57.6 million. However, when adjusted for constant exchange rates, the quarter-on-quarter figures experienced a slight decline of 0.4%. In a more positive light, the company’s annual like-for-like revenues improved by 1.7%. This growth comes even as Safestore grapples with a decrease in closing occupancy, which fell by 1.4%, and a dip in…

Janus International Group Announces Opening of New Manufacturing Facility in Wrocław, Poland

Janus International Poland – Open For Business! Janus International Group, Inc. (“Janus” or the “Company”), a world-leading supplier of self-storage products and related access control technologies, is thrilled to announce the opening of its brand-new manufacturing facility in Wrocław, Poland. The investment into the state-of-the-art Polish plant marks a significant milestone for Janus and the self-storage industry in Europe. A New Trailblazing Manufacturing Plant The city of Wrocław was chosen as an ideal location to complement Janus’s existing production and distribution centre in County Durham, UK. Wrocław, a vibrant and…

The Old Debenhams to Become Self-Storage Facility in Swindon, England

  The old Debenhams department store building – empty for three-and-a-half years – will be brought back into use after plans for a self-storage facility were approved. The flagship department store closed in June 2020 and now Away Storage Ltd has been given permission to convert the building, which fronts onto Fleming Way and also The Parade in the pedestrianised part of the centre, into what it calls an ‘urban self-storage’ centre. There will still be four shop units made available for use by other businesses in the part of…