Plans to Create Self Storage Container Site Between Canal and River in Sowerby Bridge Submitted to Calderdale Council

  The scheme, when at capacity, would see around 150 green 20 feet containers at the site with adequate lighting, CCTV and electric gates to secure the site, says the application to Calderdale Council.” A company hopes to develop a container self storage site on almost a hectare of land it says is “underutilised” in Sowerby Bridge. SCA Self Storage is seeking five-year temporary planning permission to develop the sites at the Gas Works site at Chapel Lane. The scheme, when at capacity, would see around 150 green 20 feet…

Fenland Farm Storage Business Wants to Add 72 New Containers

A farm next to Fenland in Barnham Broom is looking to further expand its storage container business in response to demand. Barn Owl Farm is seeking permission for another 72 self storage units on its property.” The business, located off Bell Road, already has around 129 containers on the site, having already been given permission to expand last year. The latest plan will use agricultural land adjacent to the existing storage containers. A member of the public has written to South Norfolk Council’s planning team to object to the schemes.…

Self Storage Market of the Month: Hemel Hempstead, UK

StorTrack’s featured market this month is Hemel Hempstead. Hemel Hempstead is a town in the Dacorum district in Hertfordshire, England. St Albans District Council has plans to meet its 2,500 new homes building target by building on land to the east of Hemel Hempstead near the M1 motorway. Land to the west of Chaulden and Warners End has been removed from the Green Belt designation and is due for development with 900 new homes. There are seven state-maintained secondary schools in the town and in addition, there is a West Herts…

Shurgard Obtains Building Permit for North London Site

Direct project cost (excl. absorption cost) is estimated to amount to GBP 18.5 million and the expected property yield at maturity is expected to be within our guidance (8-9%).” Shurgard, the largest developer, owner and operator of self storage centers in Europe – has received planning permission for its development project in Tottenham (in the North of London). Shurgard’s most recent development pipeline, which has been publicly disclosed, includes the site. The property will be built on a freehold site and will replace an existing building. The future c. 8,200…

Plans for Storage Facility Submitted to Renfrewshire Council by North Star Storage

Plans for a storage facility in the Abbotsinch area of Paisley have been submitted to Renfrewshire Council. North Star Storage wants to introduce a facility with steel containers and an office at Glasgow Airport Business Park. A planning application has been put in for a location, which is bordered by Inchinnan Road and Marchburn Drive. A statement, prepared by agent company Zander Planning, said the proposal would involve the reuse of a brownfield site. It explained: “Planning permission is sought for the use of the site as a class six…

Flexiss Group and LGIM Introduce the UK’s First Fully Automated Self Storage Facility with No-Key Access System in York

Delighted to see the 12th SureStore open this April. With each new facility, Flexiss has evolved, and in York, they have brought both a specification that targets net-zero carbon in operation and a fully automated high-security system into a multi-purpose facility, in what he believes is the first of its kind in the UK.” – Paul Whittaker, Commercial Director at Flexiss York SureStore is truly a best-in-class facility, marking their second self-storage development to open in the last nine months. They are increasing their exposure to the sector with a…

Bangor Students Help Fuel Growth Of Denbigh-Based Storage Giant “Lock Stock Self Storage”

The new site will hold 110 storage units, painted in Lock Stock’s distinctive dark green livery, a mix of 10- and 20-footers and it takes the number of units at their three Bangor sites up to more than 250.” Students at a Welsh university city are helping fuel the growth of one of the UK’s biggest containerised self-storage companies. The demand for storage space, especially outside term time, is one of the reasons Denbigh-based Lock Stock Self-Storage has just opened its third storage park in Bangor. Enquiries from the university’s…

Self Storage Group ASA – Acquisition of property in Ålesund, Norway

  Self Storage Group ASA (Self Storage Group, OSE:SSG) has entered into an agreement to acquire a land plot at Emblem in Ålesund, Norway. The transaction has a value of NOK 9 million and the land plot has a gross area of 3390 m2. The property is an existing OK Minilager leasehold with additional development potential. OK Minilager currently operate drive-up units on the property with a current lettable area of 700m2. With this acquisition we convert a profitable leasehold with stabilized occupancy into a freehold facility. This investment is…

Redefine Properties/Griffin Capital Joint Venture Acquires Majority Stake in Poland Self Storage Operator Stokado

The purchase gives the partnership a 51% stake in Stokado, though its control is expected to increase up to 75% by growing the brand’s footprint via 50 development projects over the next five years” A joint venture between South Africa-based real estate investment trust (REIT) Redefine Properties and Poland-based private-equity firm Griffin Capital Partners has acquired a majority stake in Stokado Self Storage, which operates 16 facilities in Poland. It’s the partnership’s first investment since announcing in February its intent to enter the Polish self storage market, according to the…

Self Storage Group ASA – Acquisition of property in Røyken, Norway

  We are pleased to announce the acquisition of this property in Røyken, 45 minutes south of Oslo. The population in the region is growing, and the supply of self storage in the area is limited. This acquisition is in line with our strategy to grow our freehold portfolio in selected markets. The demand for self storage is growing, and the demand has proven to be resilient during previous recessions. Especially urbanization and smaller living spaces are causing an increasing need for external storage solutions” Self Storage Group ASA (Self…