Hurstwood Self Storage will make its debut with a 17,750 sq ft self-storage facility off Standishgate.
Set on the site of a former nightclub, Hurstwood Self Storage will take over the basement, ground, and first floor of the vacant Bryan House. The upper floors of the six-storey building are set to be turned into 45 one-bedroom apartments.
It will be the first foray into the self-storage market for the Manchester-based property investment and development company. Hurstwood is already planning to expand the self-storage brand and is looking to open sites in Lancaster, North Shields, and Dumfries.
Stephen Ashworth, chairman, and chief executive of Hurstwood Holdings, described how expanding into self-storage would help grow its portfolio of more than £250m.
Ashworth said: “The self-storage sector is one that continues to benefit from strong growth with demand consistently far outstripping supply and by entering this area of the market, we will add a new layer of value to our already extensive real estate portfolio.”
