Freehold Acquisition

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Regulatory News | 27 Apr, 2021

Updated : 07:00

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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