Manchester based property investment and development company, Hurstwood Holdings has launched a new self-storage concept, Lock it Self Storage with its first premises set to open Wigan town centre before the end of the year.
Led by Hurstwood’s in house team of property experts and self-storage management, Lock it Self Storage will provide flexible storage solutions in strategic locations both in city and town centre locations and on the outskirts to accommodate growing demand from in both private residents and local entrepreneurs.
Stephen Ashworth, Chairman and CEO of Hurstwood Holdings, comments: “The first Hurstwood Storage, situated on Standishgate in Wigan, will see our team – led by project director, Sam Ashworth and Phil Brassell – repurpose a former night club to provide an 17,750 sq ft of state-of-the-art storage facility. The self-storage sector is one that continues to benefit from strong growth with demand consistently far outstripping supply and by entering this area of the market, we will add a new layer of value to our already extensive real estate portfolio.”
Having already secured planning permission, Hurstwood is also in negotiations to convert the upper floors of the building, known as Bryan House, in to 45 one bed apartments.
Hurstwood plans to roll out its self-storage concept nationwide with further sites already identified in Lancaster, North Shields and Dumfries.
Hurstwood Holdings is a commercial and residential property group with over £250 million of properties on 135 site nationwide housing more than 1,000 occupier clients.
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