Planning Update
Big Yellow obtains planning consent for 55,000 sq ft storage centre in Leamington Spa with £13.3m investment.
- Site size 55,000 sq ft
- Capital deployed £13.3 million
- Expected net operating income return at stabilisation 8.5%
- Pipeline stores with planning consent 10 of 13
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Big Yellow announces that it has obtained planning consent for a 55,000 sq ft storage centre on its site in Leamington Spa.
We expect that this new store will deliver an approximately 8.5% net operating income return at stabilisation on the total capital deployed of £13.3 million.
Jim Gibson CEO, commented:
"We are pleased to have secured planning at Leamington Spa and anticipate that the store will open in summer 2027. We now have planning consent on 10 of our 13 pipeline stores."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.