If you are in the middle of a move, wanting to keep your belongings safe or need extra space to store business inventory, then you need a storage facility that not only looks after your belongings but gives you peace of mind that your possessions are safe. Eurogroup International, a long-established specialist in international moving, has expanded its offerings by launching a new self-storage facility in Gorleston-on-Sea. As a member of the British Association of Removers and the global corporate organisation Fédération Internationale des Déménageurs Internationaux (FIDI), Eurogroup International has…
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Padlock Euro Storage Fund I Completes Acquisition of Property in Swindon [England]
Padlock Euro Storage Fund I (the “Trust”) announced today that it has successfully completed the acquisition of a freehold property located in Swindon, United Kingdom (the “Swindon Property”) for a purchase price of £9,400,000 excluding costs. The transaction was satisfied by way of cash from the proceeds of the Trust’s recently upsized debt facility. The Swindon Property consists of a freehold interest in a newly built self-storage facility with approximately 30,000 net rentable square feet of self-storage units. The Trust plans to fit out the two-storey building with an additional…
Plans Lodged for £12 Million Self-Storage Facility in Northwich, Cheshire [England]
WUKPG has submitted a proposal to Cheshire West and Chester Council for a 62,000 sq ft complex off Chester Way. The five-floor Northwich self-storage development would be operated under WUKPG’s Shutter Store brand. The developer, which is planning to build a £150m self-storage portfolio by 2030, acquired the one-acre site from Adlington Homes, part of Gladman Developments, in 2021. At that time, the plot had planning permission for a 50-apartment extra care scheme. However, WUKPG has pivoted to self-storage, planning a £12m facility that would provide 600 storage units, co-working…
New Self-Storage Facility Ready to Open Soon in Swindon [England]
In September 2023, Cinch Self Storage snapped up the brownfield site of Unit A in Cheney Manor Industrial Estate with the aim of setting up 68,000 sq ft of lettable space for domestic and business customers by late 2024. New photos of the building show it covered in a coat of blue paint with fresh signage advertising the latest addition to the area which has been under construction for months. The chain’s website lists the self-storage space as opening this month. It includes more than 700 units that will be…
Padlock Euro Storage Fund I Completes Acquisition of Property Located in Wisbech [England]
Padlock Euro Storage Fund I (the “Trust”) announced today that it has successfully completed the acquisition of a freehold property located in Wisbech, United Kingdom (the “Wisbech Property”), which was satisfied by way of cash from the proceeds of the Trust’s refinance debt facility. The Trust had previously acquired the seller’s rights and obligations to the Wisbech Property in October 2024 pursuant to a purchase agreement (the “Agreement”). The Agreement stipulated an asset purchase of £5,734,000 contingent upon certain conditions, which have all been satisfied, including delivery of a newly…
Plans to Turn Police Station into Self-Storage Units in Alloa [Scotland]
Possessions rather than prisoners could soon be under lock and key at the former police station in Alloa. SRA Ventures Limited, of Edinburgh, have applied for a change of use for the building on Mar Place – empty for more than three years – which they want to convert into self-storage units. It sits just to the north of the Mars Hill roundabout and was put up for sale last September for offers over £330,000. A statement on behalf of SRA explained: “Following alterations, the proposed facility would comprise 80…
First easyStorage Drive-up Self-Storage Site Opening Soon in North Belfast [Northern Ireland]
A new drive-up self-storage site is set to “open soon” on vacant land close to a train station in North Belfast. The site close to York Street Train Station will be the first easyStorage franchise to open in Northern Ireland. It will contain up to 432 storage containers on currently vacant land adjacent to Cityside Retail Park. The planning application for the site was brought to Belfast City Council in late 2024. The easyStorage brand offers a “no-frills approach to storage” that is “hassle-free and secure.” The company was founded…
New Tech-Enabled Storage Facility Launches Near Cheltenham [England]
A modern, tech-enabled self-storage facility has opened its first venue near Cheltenham. Located in Andoversford on the A40, Cube Storage is a hybrid storage site combining internal storage with modified shipping containers; while the site office is a cantilevered 40ft shipping container. The facility has been developed in collaboration with big storage industry names such as OpenTech Alliance, Kinnovis, Securus, Kuboid, SecureStores and Cheltenham-based architectural brand, Edge Design Workshop. The self-storage facility offers advanced security and technology-enabled features, including: AI-enhanced, motion-detecting CCTV, covering 100 per cent of the site; smart…
Cinch Self Storage Expands with New Self-Storage Facility in Shoreham-on-Sea [England]
Cinch Self Storage, a leading provider of flexible storage solutions across the UK, has announced the exchange on a new site in Shoreham-by-Sea, marking its continued expansion on the South Coast. The new facility located on Brighton Road opposite Lidl, is set to open in Q4 2025 and will provide over 40,000 sq. ft of high-quality self-storage space, including drive-up units, catering to both domestic and business customers. Once operational, the facility will create 2.5 full-time equivalent roles, with additional employment opportunities generated through the use of local firms for…
Heitman Acquires Majority Stake in Swedish Self-Storage Operator [United Kingdom]
Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the acquisition of a majority stake in the third largest self-storage operator in Sweden – Servistore. The business has 31 sites (25 operational and 6 due to open) across 14 cities. It encompasses over 4,000 units, spanning a total of 330,000 square feet of storage space. This transaction, made on behalf of Heitman’s European value strategy, allows the firm to continue investing in the rising global demand for self-storage. It follows the firm’s previous self-storage platform acquisitions across…