Category: Development News

Big Yellow Snaps Up Freehold Interest In Oxfordshire Site

Self-storage facilities operator Big Yellow Group said on Tuesday that it had acquired a freehold interest in a 1.8-acre site in Oxfordshire. Big Yellow stated it spent £13.5m on the asset – a site which it has traded for over two decades. The FTSE 250-listed firm added that the site includes two separately let buildings, which will provide vacant possession in 2030 and the opportunity to intensify use. Chief executive Jim Gibson said: “We have traded from this location for 23 years, and this continues our strategy of acquiring freehold…

Expansion For Century-Old Derby Storage Firm

Storage business B E Webbe has announced the biggest expansion in its 100-year history, with two new premises. A storage business has announced the biggest expansion in its 100-year history, with two new premises. B E Webbe have opened its second site in Derby and acquired £900,000 premises in Colwick, Nottingham, which will become its eighth self-storage depot. The 45,000 sq ft Derby depot in Alfreton Road will support the existing facility at the head office in Mansfield Road and double the capacity of its Derby self-storage units. The Colwick…

StoreAway Opens New Self-Storage Hub In Birmingham

A new self-storage facility has opened in Birmingham city centre. StoreAway has launched the 60,500 sq ft site in a former department store building in Corporation Street where it has 650 lockers across three floors. Built in 1955 for C&A, the building at 14-28 Corporation Street was home to Beatties until 2006 and more recently was used by now-defunct retailer JJB Sports and fitness chain EasyGym. The opening comes as part of the company’s plan to repurpose more than 250,000 sq ft of unoccupied retail and leisure space across the…

Huge Self-Storage Hub In Bath To Open After Firm Secures £5.2 Million Investment

Self-storage operator StoreAway has secured a £5.2m investment to open a new storage facility in the centre of Bath. The facility – located in a former furniture storage building – is the fourth opened by the firm StoreAway. The 27,000 sq ft facility on London Road will be home to 245 lockers across two floors in a building that was formerly used as a furniture storage depositary. StoreAway said the move was part of a drive to reinvent more than 250,000 sq ft of redundant retail space across UK high…

Shurgard Self Storage S A : Shurgard Opens New Self-Storage Property In Randstad-Rotterdam

Shurgard opens new self-storage property in Randstad-Rotterdam (the Netherlands). LUXEMBOURG – Shurgard, the largest developer, owner and operator of self-storage centers in Europe – is pleased to announce the opening of its new self-storage facility in Capelle aan den Ijssel, just east of Rotterdam. • This brand-new c. 4,500 sqm building is offering approximately 700 dry, clean and secure selfstorage units spread over two floors. • Shurgard Capelle Molenbaan nicely complements our Capelle Dalkruidbaan property in the direct vicinity, from which it will be remotely managed. • With its large…

Shurgard Self Storage S A : Opens New Self-Storage Property In Dusseldorf

Shurgard opens new self-storage property in Düsseldorf (Germany) LUXEMBOURG – Shurgard, the largest developer, owner, and operator of self-storage centers in Europe – is pleased to announce the opening of its new self-storage facility in Düsseldorf. This brand-new c. 4,500 sqm building is offering approximately 600 dry, clean and secure self-storage units spread over four floors. Located near the airport, Shurgard Düsseldorf Rath offers many benefits for private and professional customers, including convenient access, an easy (un)loading area, and excellent customer parking. Direct project cost (excl. absorption cost) amounts to…

Four-Storey Halesowen Office Building Sold For £1.8 Million

An office building that has stood vacant for a number of years on Dudley Road, Halesowen, has been purchased for £1.8 million. Lygon Court, which occupies a prominent position on the corner of the A459 Dudley Road and Hereward Rise, near Halesowen town centre, was sold by Siddall Jones on behalf of a local property investment company. The four-storey property, which was built in 1971 and has a net internal area of 20,000 sq ft on 1.53 acres and comes with 92 parking spaces, was bought by a developer who…

Irish Self Storage Group In Multi-Million Pound Northern Expansion

Irish self-storage company U Store It is preparing to open a major new site in Belfast as part of a multi-million-pound expansion north of the border. The five-storey mega unit, just off Kennedy Way in west Belfast, is expected to open by the end of the year, offering between 1,500 and 1,600 storage units for consumers and small businesses. It comes just weeks after Ireland’s biggest self-storage company was acquired by US real estate group Heitman. The investment manager is paying €104 million (£90m) for U Store-it’s existing sites in…

Self Storage Group ASA – Acquisition Of Land Plot In Hønefoss, Norway

Self Storage Group ASA (Self Storage Group, OSE:SSG) has entered into an agreement to acquire a land plot at Kilemoen in Hønefoss, Norway. The transaction has a value of NOK 3.4 million and the land plot has a gross area of 4670 m2. “We are pleased to announce this acquisition, adding an additional property to our land bank. This land plot will be developed with drive-up self-storage units. Following this acquisition SSG will have 3 sites in the Hønefoss region. There is a growing demand for our services, as urbanization…

Attic Self Storage Launches New Beckton Facility Alongside The “Beauty of Beckton” Art Display

Attic Self Storage has opened a brand new facility in Beckton today alongside an art display that features art created by local artist Matt Ponting and primary school students. The exhibition titled the “Beauty of Beckton” is a community-led initiative created to celebrate the local area. Children from local schools were asked to create a piece of artwork that depicts what they like or enjoy about the area. As part of the initiative, Attic will be donating £1,250 to Richard House Children’s Hospice in Beckton, which supports families from several…