{"id":2670,"date":"2025-07-14T14:22:12","date_gmt":"2025-07-14T14:22:12","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=2670"},"modified":"2025-10-10T14:59:17","modified_gmt":"2025-10-10T14:59:17","slug":"london-investor-buys-self-storage-firm-in-york-england","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/london-investor-buys-self-storage-firm-in-york-england\/","title":{"rendered":"London Investor Buys Self-Storage Firm in York [England]"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<figure id=\"attachment_2671\" aria-describedby=\"caption-attachment-2671\" style=\"width: 660px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"wp-image-2671 size-medium\" src=\"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-content\/uploads\/2025\/07\/York-Storage-660x365.png\" alt=\"\" width=\"660\" height=\"365\" \/><figcaption id=\"caption-attachment-2671\" class=\"wp-caption-text\">Paloma Capital of London is adding to its investment at York North<\/figcaption><\/figure><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">A London-based private equity real estate investor has acquired and rebranded Greenspace Self Storage as part of its ongoing redevelopment of York North Business Park.<\/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;\">Located close to the outer ring road and Clifton Moor in York, Greenspace Self Storage is a 28,500 sq ft facility that serves home and business storage users with a comprehensive range of self-storage units, from 20 to 255 sq ft.<\/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;\">The rebrand by new owner Paloma Capital will reposition the business in line with its overall transformation plans for York North, formerly known as Green Park Business Centre.<\/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;\">Since acquiring the site in 2022, Paloma has already undertaken much investment to significantly upgrade accommodation and deliver new purpose-designed trade units.<\/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;\">A \u00a31.25 million refurbishment programme has recently been completed on a stand-alone 12,508 sq ft industrial unit with office space and a secured yard with parking that is now ready to let.<\/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;\">Paloma also recently secured planning consent for four new industrial\/warehouse units totalling 34,400 sq ft.<\/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;\">The scheme is now offering design and build opportunities for units ranging from 4,000 sq ft up to 15,400 sq ft.<\/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;\">Jeremy Thiagarajah, Director for Asset Management and Investment at Paloma Capital, said: &#8220;We are delighted to relaunch Greenspace Self Storage in line with our overall investment at York North.<\/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;\">&#8220;The facility is hugely popular amongst the local community.<\/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;\">York North is situated in an exceptional location with great connectivity, and we are committed to maximising the value of the estate through repurposing existing buildings as well as adding new accommodation.\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;\">Located on Goose Lane in Sutton-on-the-Forest, York North is strategically located just ten minutes from the York Outer Ring Road and close to Clifton Moor.<\/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;\">York North is also 8.6miles from the city centre.<\/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;\">The long-established, multi-let site benefits from strong regional connectivity, close to the A59, leading directly to J47 of the A1(M) and the wider motorway network.<\/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;\">The letting agents are Carter Towler and JLL Leeds offices.<\/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;\">Paloma Capital is a private equity real estate company established in 2015 and wholly owned by its founding partners Joe Froud and Jack Pitman.<\/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;\">Paloma has raised approximately \u00a3640 million of wholly discretionary capital from investors in Europe, the Middle East and North America, which is used to pursue targeted, niche UK investment strategies, frequently focused on smaller assets.<\/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;\">Paloma added it focuses on multi-let assets, which provide the opportunity to create additional value through carefully thought-out and well-executed business plans.<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/uk.news.yahoo.com\/london-investor-buys-york-north-153457653.html\" 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>A London-based private equity real estate investor has acquired and rebranded Greenspace Self Storage as part of its ongoing redevelopment of York North Business Park. Located close to the outer ring road and Clifton Moor in York, Greenspace Self Storage is a 28,500 sq ft facility that serves home and business storage users with a comprehensive range of self-storage units, from 20 to 255 sq ft. The rebrand by new owner Paloma Capital will reposition the business in line with its overall transformation plans for York North, formerly known as&hellip;<\/p>\n","protected":false},"author":13,"featured_media":2672,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[20,5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2670"}],"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=2670"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2670\/revisions"}],"predecessor-version":[{"id":2677,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/2670\/revisions\/2677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/2672"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=2670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=2670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=2670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}