Barwood Capital and joint venture partner Flexiss Group have purchased a 3.2-acre self-storage site in Doncaster.
The acquisition, which was made through the Barwood Regional Property Growth Fund V, centres around a vacant 33,592 sq ft former Arnold Clark car showroom on Wheatley Hall Road in Doncaster.
Once redeveloped, the facility will offer more than 60,000 sq ft of self-storage space arranged over ground and one mezzanine floor, alongside external drive-up units.
Flexiss is acting as the operator and development partner for the joint venture, which aims to repurpose vacant buildings into modern, energy-efficient, self-storage assets.
Mike Wilson and Andy Wood, co-founders of Flexiss Group, said: “We’re excited to move forward with our third site in partnership with Barwood Capital. Flexiss brings deep operational expertise and development capability to transform this highly visible site into a modern storage facility, and we look forward to future growth with this portfolio.”
Nick Masters, investment director at Barwood Capital, added: “We’re delighted to be working on this scheme, which represents a compelling opportunity for Barwood’s Regional Property Growth Fund V, with our partners at Flexiss. Its location on a key arterial route with significant daily vehicle movements offers exceptional visibility and accessibility in an established commercial zone.
“Importantly, the project aligns with our commitment to sustainability, repurposing an existing building to minimise embodied carbon. Doncaster is a major logistics hub, and this acquisition will serve an undersupplied market, helping to drive business growth in the region.”
