Plaza Collection Plans to Convert Car Dealership to Fashion HQ, Self-Storage in Salford, England

Fashion retailer Plaza Collection has submitted an application to redevelop a former Lookers showroom on Bury New Road. The £7m plans are in two parts: an infill structure to connect the two former showroom buildings that currently occupy the 1.4-acre site and a standalone five-storey self-storage scheme. Plaza Collection, which has been trading since the 1980s, is currently based on Broughton Street in nearby Cheetham Hill. The linked former showrooms will be used by Plaza Collection as its new headquarters. The building would provide 23,200 sq ft of accommodation and…

Woodbourne Group Enters Self Storage Sector With Acquisition in Black Country, England

Woodbourne Group has announced plans to build a pipeline of self-storage facilities, beginning with a multi-million-pound development in the West Midlands. The commercial developer and investor will start with the £9m redevelopment of a 1.03-acre site at Pedmore Road, Brierley Hill, Dudley. A 31,750 sq ft industrial building will be repurposed to create a 50,000 sq ft self-storage facility, bringing investment to the area and generating new employment opportunities. The development will involve recladding, reroofing, and reconfiguring the entrances to suit the requirements of a modern self-storage unit. Located on…

PET Group Expands with Launch of Self Storage Units in Crewe (England)

PET Group, a well-established name in Crewe’s construction and hire services sector, is proud to announce the launch of its newest venture: PET Self Storage Units. This expansion marks a significant milestone for the company, broadening its portfolio to meet the growing demand for flexible storage solutions in Crewe and surrounding areas. Crewe, Cheshire – September 16, 2024 – PET Group, a well-established name in Crewe’s construction and hire services sector, is proud to announce the launch of its newest venture: PET Self Storage Units Crewe [PET Self Storage UK].…

JLL Assists Clear Sky Capital Expansion into UK Following Success in U.S.

  $184M in self-storage financings closed this year on behalf of Clear Sky JLL Capital Markets announced today that it has assisted Clear Sky Capital on its expansion into the UK through a $121 million refinancing of an 18-property self-storage portfolio located across London, the South-East and South-West of the UK. The UK expansion follows the success in the U.S., in which JLL first advised on a $65 million institutional recapitalization with $40 million in go-forward equity for strategic growth at the end of 2022, and has since arranged $62 million…

Big Yellow Gets Planning Approval for Two Self-Storage Projects in London

Self-storage operator Big Yellow Group announced progress on two major London projects on Monday, securing planning consent for a total of 307,000 square feet of storage space across two locations. The FTSE 250 firm said it received approval at appeal for a 176,000-square-foot development adjacent to the Kensington Olympia events centre, which was currently undergoing a £1.3bn redevelopment. It said the site would also be near what is set to be the largest theatre built in London since the 1970s. The new storage facility was slated for completion in 2027.…

Huge Self Storage Facility Poised for Approval on Power Road in Chiswick (England)

A site in Chiswick which has been vacant for nearly a decade could finally be set to be developed. Council officers are recommending approval for a self-storage facility at 250 Gunnersbury Avenue by the junction with Power Road. Hold Propco 1 Limited, which operates Hold Self Storage, also intends to include flexible office and light industrial space in the building which will be 30 metres high, roughly the same as the Shurgard Self Storage facility next door. The quarter acre site is currently occupied by a three/four storey office building…

Self-Storage Plan Approved for Former NatWest Offices in Bolton (England)

Permission has been granted to change the use of 3 Parklands off De Havilland Way, which was formerly home to departments of the bank. Orbit Developments is behind the proposals which will see almost 25,000 sq ft converted into self-storage or office space, with a single-storey link to be created to the multi-storey car park next door, which already has a secure self-storage business on the ground-floor. This additional floor space would enable that self-storage business to expand according to a planning statement submitted by Orbit, part of The Emerson…

Former Luxury Gym to Transform into Self-Storage Facility in Stoke-on-Trent (England)

A storage facility has launched at the site of a former luxury gym. Work has been ongoing to completely transform the one-time Esporta on Festival Park – which once boasted a pool, sauna, steam room and stylish eatery. It’s now home to Sure Store which has added another base to its Staffordshire portfolio. It marks a fresh chapter for the building after previously running as a members-only gym. It had been Esporta before closing back in July 2011. It was then taken over by entrepreneur Mo Chaudry where it was…

Padlock Euro Storage Fund I Completes Acquisition of Gillingham, Mitcham, and Sittingbourne Properties in the United Kingdom

Padlock Euro Storage Fund I (the “Trust”) announced today that it has successfully completed the acquisition of three leasehold properties located in Gillingham, Mitcham, and Sittingbourne, United Kingdom for a combined purchase price of £8,775,000 excluding costs, which was satisfied by way of cash from the proceeds of the Trust’s recently secured refinance debt facility. The Gillingham Property, purchased for £4,186,000, consists of a leasehold interest in an existing self-storage facility located in Gillingham, UK. The 3-story facility currently offers approximately 27,180 net rentable square feet of self-storage units. The…

Former Nightclub Could Become Self-Storage Business Near Souldrop, Bedford (England)

A former nightclub between Bedford and Rushden could become a self-storage business if plans are approved. Bedford Borough Council has received plans to change the use of the former Milwaukees Night Club, Rushden Road, Souldrop, to 150 self-storage containers and an office. The applicant explained that the application was for a change of use as the storage spaces would not be buildings but units that are not attached to the land. If approved, the containers and storage areas would be rented out to individuals with the “smaller nature” of the…