Freehold Acquisition

RNS Number : 6328W

Big Yellow Group PLC

27 April 2021

 

27 April 2021

Big Yellow Group PLC

("Big Yellow", "the Group" or "the Company")

Freehold Acquisition

Big Yellow announces that it has acquired a prime 0.9-acre site on Regis Road in Kentish Town, North London for £16.5 million.  We will be seeking planning permission for a 68,000 sq ft self-storage centre on the site. 

This is a strategically located site in Zone 2 and is a high-quality addition to the Group's development pipeline.

This acquisition takes the number of stores in the Group's pipeline to 14, of which eight have planning consent.

Enquiries:

Nicholas Vetch, Executive Chairman 01276 477811

James Gibson, Chief Executive Officer 

John Trotman, Chief Financial Officer  

                                                                                                                      020 7260 2700

Ben Foster 

Matthew Denham 

 

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