OakNorth Funds Two New Cinch Self Storage Sites in Leeds, Bedford

Digital bank OakNorth has provided an £11.7m loan to independent operator Cinch Self Storage to fund two new developments in Leeds and Bedford, adding more than 120,000 sq ft of lettable space to its portfolio. The Leeds site involves converting a brownfield location in a market with limited storage supply, while the Bedford project extends an existing facility with additional units and office space. Cinch, founded in 2018, has grown from a single site in Bicester to 27 locations nationwide. The loan represents a continued lending relationship between OakNorth and…

Seafood Firm Wins Approval for 53-Container Storage Site in Eyemouth, Berwickshire

Scottish Borders Council has approved an application from Eyemouth-based seafood company D.R. Collin & Son to convert land at a former training centre on Coldingham Road Industrial Estate into a self-storage compound for 53 shipping containers, arranged in four rows of eight and operating between 8 am and 6 pm. Some local residents objected, citing concerns over site density, traffic, parking, and noise. The council’s planning officer concluded the development would have limited impact if properly managed, attaching conditions for an operating plan and external lighting controls. The decision reflects…

Cookes to Open Self-Storage Facility in Christchurch, Dorset

Birmingham-founded Cookes Furniture has secured a £1m loan facility from Lloyds to fund a new self-storage site in Christchurch, Dorset, due to open in June 2026. The facility will offer more than 100 units initially, with further expansion planned as occupancy grows. It will be Cookes’ third self-storage location, following existing sites in Sutton Coldfield and Stratford-upon-Avon. The funding will also support mobile-based access-control technology in place of traditional keys, along with remote customer support. Cookes has operated a furniture showroom in Christchurch since 1993 and is marking its 80th…

Pickfords Teams Up with Blue Self Storage for New UK Facility

Cardiff-based Blue Self Storage has agreed a partnership with removals firm Pickfords to develop self-storage facilities on Pickfords-owned land. The first phase includes a seven-figure investment to build a 26,900 sqft site on an undeveloped Pickfords plot in Aberdeen, with Blue Self Storage overseeing development, operations and management. The arrangement is an example of operator-led partnerships with third-party landowners, a model already common in the US and increasingly seen in the UK. Blue Self Storage currently operates six sites, with two additional locations due to open in summer 2026, bringing…

Vanguard Self Storage Maidenhead Branch on Track for September Opening

Vanguard Self Storage, one of the UK’s leading independent self-storage companies, has confirmed significant progress on its new Maidenhead branch, scheduled for handover in August and opening in September 2026 – exactly one year after the project was first announced. This development marks Vanguard’s tenth location in England, expanding its growing portfolio of high-quality storage facilities across the country. Since the announcement in September 2025, key works completed at the site have included the following: Full strip-out of the previous interiors, including the demolition of the old lift shafts and…

Self Storage Business Secures New Store in Historic Stafford Building

Self-storage operator Space Station has expanded its portfolio in Stafford with a new location at the historical site of the former Bull Hill Electricity Works. The newest store, officially opening on 20 April, brings the company’s portfolio to 19 stores across London, Birmingham, Berkshire, Shropshire and Northamptonshire. Spanning over 55,155 sq ft, the Stafford location will create three new jobs in the local community, as well as offering short term offices and commercial storage space on flexible terms. It will will offer a range of facilities including 24-hour CCTV security,…

Martin’s Properties of England Launches Cactus Self Storage Development/Investment Platform

Martin’s Properties, a family-owned real estate company operating in London and South England, has launched Cactus Self Storage, a wholly owned and funded platform through which it intends to acquire and develop facilities across South and Southwest England. The company also named Graham Gunn as head of operations, according to a press release. Construction on Cactus’ first purpose-built self-storage facility at the corner of Abingdon Road and Hadden Hill in Didcot, England, begins this month, with an expected opening in the first quarter of 2027. It’ll offer more than 300…

Padlock Euro Storage Fund I Announces Closing of Portfolio Sale and Declaration of Special Distribution

Padlock Euro Storage Fund I (the “Fund”) today announced that it has closed the previously announced transaction pursuant to which QR CS Padlock LP, an affiliate of QuadReal Property Group (the “Purchaser”), indirectly acquired the Fund’s portfolio of 27 self-storage and mixed-use properties located in the United Kingdom (the “Transaction”) in accordance with the terms and conditions of a sale and purchase agreement (the “Purchase Agreement”). The Fund also announced that, in connection with the closing of the Transaction and consistent with the distribution framework detailed in its December 19,…

New Self-Storage Business to Open New Facility in Shropshire [England]

Midlands firm Beyond Storage is set to open its first Shropshire site this April, at the former Rea Valley Tractors site in Newport. Herefordshire-based Beyond Storage is set to open its new self-storage warehouse in Newport in April. The new business will be located on the former home of Rea Valley Tractors on Audley Avenue. The Shropshire firm announced it would be closing down its branch on Audley Avenue in November 2024 as part of what the company described as “continued efforts to strengthen and optimise its operations” across Shropshire…

Self-Storage Business Expands With Coventry Buy – Supported By PKF Smith Cooper

A Midlands self-storage company has expanded with an acquisition supported by PKF Smith Cooper. Storagely, a relatively new entrant to the market, has purchased U Can Store It – Coventry, adding to its sites in Dudley and Preston. The acquisition of U Can Store It – Coventry marks the first step in Storagely’s growth plan to establish itself as a key regional player in the self-storage market. The Corporate Finance team at PKF Smith Cooper acted as lead adviser to the shareholders of Storagely. Jack Dunn, finance director at Storagely,…