{"id":2205,"date":"2024-06-28T13:18:48","date_gmt":"2024-06-28T13:18:48","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=2205"},"modified":"2024-07-30T11:51:18","modified_gmt":"2024-07-30T11:51:18","slug":"financial-backing-from-premcor-estates-helps-yard-self-storage-expand-in-england","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/financial-backing-from-premcor-estates-helps-yard-self-storage-expand-in-england\/","title":{"rendered":"Financial Backing From Premcor Estates Helps Yard Self Storage Expand in England"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\" wp-image-2206 alignleft\" src=\"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-content\/uploads\/2024\/07\/Yard-Storage.png\" alt=\"\" width=\"265\" height=\"309\" \/><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Yard Self Storage, which opened in February in the Aycliffe Business Park of Newcastle Upon Tyne, England, is making plans to expand following support from Premcor Estates, a Barnard Castle, England-based commercial real estate development company that\u2019s making its debut in the storage industry. Premcor will provide funding and help identify possible development sites for the container-storage operator, according to sources.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">We are currently involved in several large planning applications for various sites under our ownership, which is taking up a great deal of our time; but the opportunity to have some involvement in Yard was too good to miss,\u201d said Premcor Director Simon Hawkins. \u201cWe have known the managing director of Yard, Nick Bellwood, for many years. He is an experienced operator within the self-storage market, and we are pleased to be investing in his new business venture, which provides self-storage, drive-up container storage, and commercial storage.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Premcor and Yard plan to open six more facilities. The companies have already purchased a site in Newton Aycliffe and have another under offer in Carlisle. Additional locations under consideration include County Durham, Rossington, and Sheffield, the sources reported.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Our first site is going well, and it is great to have the Premcor guys in the background providing support. Their advice so far has been excellent, particularly their knowledge of the planning process,\u201d Bellwood said. \u201cI look forward to further developing the business with them in the future.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Yard offers personal and business storage via the use of 20-foot, ventilated shipping containers.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Premcor was founded in 2018 by Hawkins and Robert Lane. The company develops industrial, office, residential and retail projects.<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.insideselfstorage.com\/facility-operators\/yard-self-storage-expands-presence-in-england-with-financial-backing-from-premcor-estates\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Source<\/span><\/span><\/span><\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yard Self Storage, which opened in February in the Aycliffe Business Park of Newcastle Upon Tyne, England, is making plans to expand following support from Premcor Estates, a Barnard Castle, England-based commercial real estate development company that\u2019s making its debut in the storage industry. Premcor will provide funding and help identify possible development sites for the container-storage operator, according to sources. \u201cWe are currently involved in several large planning applications for various sites under our ownership, which is taking up a great deal of our time; but the opportunity to&hellip;<\/p>\n","protected":false},"author":13,"featured_media":2206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[20],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2205"}],"collection":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/comments?post=2205"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2205\/revisions"}],"predecessor-version":[{"id":2208,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2205\/revisions\/2208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/2206"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=2205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=2205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=2205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}