A storage and removal business has invested in a new facility in Rubery. Squab Group has acquired the final lot at Birmingham Great park, Hollymoor Way. The company has expanded its services to offer removals, van hire, document shredding, and business center and conferencing facilities. Hortons’ Estate completed the development for Squab Group which is set to open this month. Alex Henney, director for storage operations at Squab Group, said, “Hortons has designed and built a phenomenal building that will provide customers with a unique self-storage experience. “Our facility in…
Category: Development News
Facility For Storage Firm Completes
Hortons’ Estate has completed the development of a facility in Birmingham on behalf of expanding family-run removal and storage company. Squab Group has invested in the new self-storage facility on the final remaining plot at Birmingham Great Park, Hollymoor Way in Rubery. The new freehold development features self-storage space and integral offices and will be marketed by Squab at domestic customers and the region’s local small business community. It is set to open early this month following an internal fit-out. Established by the Evans family more than 15 years ago…
Container Self-Storage Market In Growth Mood
The UK-based Container Self-Storage and Traders Association (CSTA) has published its first census on activity in the self-storage industry. Focused on the UK, the report revealed that at the end of 2021 some 572 companies were active across what the CSTA described as 978 “properly defined and/or dedicated sites”. This was up about 4% (35 sites) on the previous year. Altogether The total number of containers in use for self-storage was 72,644 TEU. Moreover, the CSTA report indicated that occupancy levels of the containers were strong with 98% utilization rates…
Newport-Based ‘Storage Giant’ Thinks Big With Expansion Plans
Newport-based self-storage specialist ‘Storage Giant’ says it is on course to double in size during the next two years, having grown its occupancy rates during the coronavirus pandemic. The firm, which has its headquarters at the city’s Leeway industrial estate, is the largest private self-storage provider in Wales and the second largest in the UK. It has sites across Wales, the Midlands, and the M4 corridor, and is pressing ahead with plans to open new sites in Bridgend, Nottingham, and two in the West Midlands in the coming months. “The…
Self Storage Group ASA – Acquisition of New Property in Skien, Norway
Self Storage Group ASA (Self Storage Group, OSE: SSG) has entered into an agreement to acquire a land property in Skien, Norway. The transaction has a value of NOK 8.5 million. SSG has also signed an agreement with Seltor AS, which will construct a purpose-built self-storage facility on the land plot. The contract with Seltor AS has a value of NOK 29.6 million. The property has a potential lettable area of 3100 square meters. The facility is projected to open in Q2 2023 and will be operated under the city…
Change Of Use For Former Industrial Facility In Barrow Proposed
A change-of-use application concerning a former industrial facility has been submitted to barrow borough council by bae systems marine limited. The proposals for the former Robert McBride site in Park Road would see it used for the ‘long-term storage of slow turnover items used at BAE’s other sites within the borough’. “Operations would be carried out on a 24/7 basis, and the facility would ultimately employ up to 40 employees,” says the planning statement submitted as part of the application. The current site comprises 13,470 sq meters of floor space…
Orange Box Self Store Ltd, Barrow Set To Officially Open Next Month
A business owner has converted part of an old working men’s club into much-needed storage space for people in the area. David Clark’s new business venture Orange Box Self Store Ltd is located on Abbey Road, Barrow, next to Abbey Apartments. The huge building, which used to be an old cabaret premise, has been fitted with 29 self-storage units which range from 35 square feet up to 175 square feet, with potential plans for more units depending on demand. David, 54, decided to create the premises into self-storage units after…
New Self-Storage Facility In Workington Opens
Cumbria Storage Solutions has opened a new storage facility in Workington. The company has taken over premises at Unit 6 Lowther Road, Clay Flatts following extensive renovation work, including the installation of self-storage units within the main building. The business also operates Cumbria Caravan Storage within a secured compound next to the new facility. Directors Richard and Sarah Miller launched the new facility last year. They both grew up in the Wigton area and now live in Burgh-By-Sands, Carlisle. Richard is a partner in the law firm Burnetts and Sarah…
Moorfield Raises Initial £270m For Fifth UK Value-Add Fund
Moorfield Group has raised £270 million in the first close of its fifth value add fund, Moorfield Real Estate Fund V (MREFV). The capital has been raised from investors based in Europe, Japan, and the US. With appropriate gearing, the fund will have initial investable capital of c.£650 million. ”Achieved against the backdrop of the pandemic, this first close is the latest endorsement of Moorfield’s enviable track record, particularly in the operational real estate sectors where it has consistently been among the first to recognize the potential of emerging sectors,…
Huge New Storage Facility And Units Planned For Winsford
Detailed plans have been submitted for a massive self-storage facility and new business units in Winsford. Rula Developments originally secured outline permission in 2019 for a development on land at Road One on Winsford Industrial Estate. Now the company has submitted a reserved matters application with more detailed proposals for what the scheme will look like. According to the plans, the site will cover 3,035 sq m and include one large self-storage facility at 1,394 sq m and six smaller units for a range of possible uses, including workshops, start-up…