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Ready Steady Store Wins Feefo Platinum Trusted Service Award for the Third Consecutive Year

The Feefo Platinum Trusted Service Award is given out annually and requires businesses to maintain an average rating of 4.5 stars or above from their customer reviews over the past 12 months. Companies must also receive at least 50 reviews in that period for their score to be considered valid.” Self storage provider becomes the most trusted service provider in the industry Fast-growing self storage provider, Ready Steady Store, has been awarded the prestigious Feefo Platinum Trusted Service Award for a third consecutive year. Established in 2005, Ready Steady Store…

More Than 70,000 Sq Ft of New Energy Efficient Warehouse Space in Birmingham on the Way

Several of the units have already been pre-let to occupiers including self storage operator SureStore, which has taken the largest 17,222 sq ft building.” More than 70,000 sq ft of energy efficient warehouse and trade counter space is set to be created in a prime roadside location in Birmingham. Legal & General’s IPIF Fund and Prime Box have secured planning permission to deliver Prime Park on a 3.4-acre brownfield site off Hamstead Hill in Hamstead, just four miles north of Birmingham City Centre. Located next to a new Lidl superstore,…

Padlock Partners UK Fund III Completes Acquisition of Southend-On-Sea Self Storage Property

Padlock Partners UK Fund III (the “Trust”) announced today that it has successfully completed the acquisition of the freehold interest in the land and building at 53-57 Sutton Road, Southend-on-Sea, SS2 5PB, (the “Property”) in the United Kingdom for £4,404,500.” The Property is an existing four-storey building with expansion approvals for self storge in the busy seaside community of Southend-on-Sea, which is located 40 miles east of London with direct links to the city. The purchase and conversion to self storage present a unique prospect of being one of the…

Cinch Storage Opens Newbury Facility in Faraday Road

A brand new storage business opened its doors in Newbury this week. Cinch Self Storage opened its 12th UK facility in the town on Monday and the storage business provides more than 51,000 sq ft of lettable space to customers. Cinch’s Newbury facility is located in the former home of the Newbury Weekly News, at the end of Faraday Road in the London Road Industrial Estate. Co-founder of Cinch Storage Richard Owen said: “We are proud to be a part of the Newbury community, an area which has been underserved…

Vanguard Self Storage Opens New Storage Facility at Staples Corner

  The new Vanguard Storage location is well-positioned to serve Brent Cross, Wembley, Neasden, Golders Green, Cricklewood & Hendon. Family-run self storage company, Vanguard Storage, has announced the opening of a brand-new branch; its sixth store in London. Strategically situated at Staples Corner, the branch will serve customers in Brent Cross and surrounding areas, such as Wembley, Neasden and Golder Green.   We are very proud to be opening a flagship store at Staples Corner. We hope that, in time, the building will become a landmark of the North Circular…

Redefine Properties Enters Polish Self-Storage Market

  The Polish self storage industry is in its infancy, with a much lower penetration rate than in other European countries, according to the source. It’s expected to grow at a compound annual growth rate of more than 8% over the next three years” Redefine Properties, a South Africa-based real estate investment trust (REIT), is diversifying its portfolio by investing in self storage in Poland. The company is collaborating on the venture with strategic partner Griffin Capital Partners, an investment and asset manager that specializes in commercial, office and residential…

Safestore Report Solid Trading in Q1, with Revenue Growth of 9.4%

Safestore Holdings plc (LON:SAFE) has announced its first quarter trading update for the period 1 November 2022 to 31 January 2023. Highlights Group revenue for the quarter in CER1 up 8.4% and 9.4% at actual exchange rates Like-for-like5 Group revenue for the quarter in CER1 up 3.4% UK up 3.5% Paris up 2.6% Spain up 7.1% Like-for-like5 average rate for the quarter up 6.0% in CER1 UK up 7.2% Paris up 1.0% Spain up 8.5% Like-for-like5 occupancy at 79.1% (2022: 81.5%) UK down 3.3ppts at 78.7% (2022: 82.0%) Paris up…

Storage Giant Launches New High-Security Storage Facility in Bridgend

Storage Giant has always been a go-to choice for start-ups and entrepreneurs to establish their SMEs in our office and storage spaces, or for larger firms to set up satellite offices, and we know this is something local entrepreneurs in Bridgend will tap into. The Storage Giant story continues to be one of steady, managed growth and we continue to expand our portfolio in 2023, with a new Storage Giant facility in development, in Nottingham, set to open this year with several more in the pipeline, including Stoke-on-Trent, Willenhall, Kidderminster…

Huge Self Storage Container Development Approved for Stockton Site

Scheme includes ‘up to 470’ steel shipping containers, access roads and a site office.   The proposal will provide locally available and accessible storage units, which are mainly to be used by businesses and residents. In this respect, the proposal will support people in the local area by providing for their storage needs away from home.” A huge self-storage container scheme has been approved for Stockton. The development will see up to 470 steel shipping containers at a site off Junction Road. Stockton Council has granted permission for the scheme,…

Cheadle Self Storage Facility to Be Rebuilt After Fire

After being destroyed by fire in 2022, plans have been submitted to Stockport Council to rebuild a self storage facility off the A34 in Cheadle. Should Orbit’s plans be approved, construction on site is expected to directly support around 170 full-time equivalent jobs and add over £27 million into the local economy, falling to £12 million once the self storage facility is operational.” Site owners, Orbit Investments (part of the Emerson Group of companies, which includes commercial landlord Orbit Developments), have submitted plans to replace the Armadillo self storage warehouse…