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Storage Giant ‘Lock Stock’ Acquires Two Self-Storages Near Ludlow (England)

A fast-growing storage giant has taken over two new storage sites near Ludlow. Denbigh-based Lock Stock Self Storage has just signed the contract to acquire Craven Arms Self Storage and Ludlow Self Storage at Brimfield in Herefordshire, between Ludlow and Leominster. The deals will take Lock Stock, the UK’s largest containerised storage company, up to 30 sites with over 4,600 units providing almost six million cubic feet of space. Operations manager Mike Trow said: “We have had a presence in the border counties for a while so it has very…

Sweeney Containers Brings a New Self-Storage Depot in Letterkenny (Ireland)

Sweeney Containers, a trusted name in storage solutions since 2005, is excited to announce the opening of their new self-storage depot in Letterkenny. This expansion marks a significant milestone for the locally owned business spearheaded by local owner Patrick Sweeney, offering a variety of storage options tailored to meet the community’s needs. The new secure self-storage facility boasts an array of features designed for convenience and security, including 24/7 access, on-site CCTV surveillance, ample parking, and a variety of storage unit sizes. The depot offers non-drip secure 10-foot and 20-foot…

Hines Enters European Self-Storage Sector With Acquisition of 3-Facility Portfolio in England

Hines, a Houston-based firm specializing in global real estate development, investment and property management, has entered the European self-storage market with the acquisition of a three-property portfolio in England. Located in Ashford, Chatham and Ebbslee, the facilities will be managed and branded by Storage King, which operates 43 locations in the U.K. Together, they offer 1,449 units, according to the source. “The nascent U.K. self-storage sector is propelled by long-term demographic and consumer trends likely to drive increased demand in the years to come, particularly in densely populated commuter towns…

Car Dealer Site Makes Way For Self-Storage Complex on Herald Avenue in Earlsdon, Coventry (England)

Plans have been given the go-ahead for a self-storage facility and six business units to replace a boarded-up, former car dealership. The old Citroen showroom on Herald Avenue in Earlsdon, Coventry, is set to be knocked down despite concerns about the size of the redevelopment scheme. A council report said the new buildings would look bulkier than the existing complex, and take up more space. Officers also raised concerns over the height of the blocks – mainly the four-storey self-storage space – but the plans were approved by councilors on…

Work Underway for Vanguard’s New Self-Storage Facility in Bath (England)

Vanguard Self Storage, one of the UK’s remaining independent providers of self-storage solutions, is thrilled to announce that its newest facility in the heart of Bath is on track to open in November 2024. The state-of-the-art storage centre, located on the south side of the A36 Lower Bristol Road, marks a significant milestone in the company’s strategic expansion in the UK. The new Self Storage Bath store is the result of Vanguard’s unwavering commitment to identifying and acquiring prime locations that cater to the evolving storage needs of the local…

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…