Author: Shinil

Former Lawyer Brings First Keyless Self-Storage Unit to Aberdeen (Scotland)

A former lawyer, and graduate of the University of Aberdeen, has launched his own self-storage business in Aberdeen, introducing keyless self-storage units to the city for the first time. Based in Bridge of Don Industrial Estate, Storage Den provides highly secure self-storage units for personal or business needs for Aberdeen residents. Its 70 storage units range in size, from 25 sq. ft. to 200 sq. ft, and are all individually alarmed with motion sensors and monitored with CCTV. The business currently provides solely indoor storage options, which are all accessible…

Two South Wales Storage Businesses Announce Merger to Drive Growth and Funding Opportunities

Cardiff-based blue self storage Ltd (bss) and Maltings Document Storage Solutions (MDSS) have announced their merger to create a new entity branded as ‘Blue Storage Group’, while continuing to operate under the existing brands. While both companies operate profitably and sustainably, the markets in which they operate are changing rapidly with the emergence of new digital technologies. Becoming a larger entity will allow greater investment in new systems and processes, and both companies to take advantage of new funding opportunities, grow operations and scale up geographically. blue self storage is…

New Plans Submitted to Transform a Former Car Dealership into a Self-Storage Facility in Wiltshire (England)

Last year Cinch Self Storage unveiled a proposal to redevelop the former Islington Vauxhall Garage, on the A4 Bath Road into Chippenham, by demolishing the current building and creating a purpose-built facility. Now a planning application for this scheme has been lodged with Wiltshire Council and was validated on Thursday, April 25. The latest designs propose the demolition of the car dealership, which has been vacant since July 2023, and the construction of a new three-storey self-storage facility with associated works. This new building would house 5,894sq metres of self-storage…

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…