UK self store specialist, Storage Giant, which has been operating a site next to Bicester Village for a year, is already eyeing up additional sites in Oxfordshire, as part of keen growth plans that will see the brand accelerate over the next two years.
The firm, which bought a site close to Bicester Village as part of a multi-million pound acquisition in 2017, is looking to increase its tally of UK sites from nine currently operational to more than 20 trading by 2020.
Storage Giant is the second largest private self-storage company in the UK and the fifth largest overall. The company has enjoyed swift growth over the past two years, with a series of carefully plotted acquisitions, including the Bicester site and others at Cannock, Telford and Leicester. Its flagship mixed use scheme in Brislington, Bristol which is currently under construction has seen Starbucks and Greggs already signed up as tenants, and is due to open early in 2019.
Storage Giant Managing Director, Simon Williams, says: “As we speak, Storage Giant’s Bicester site is being rebranded and refurbished to create a fresh, modern self storage site. A further three of our recent acquisitions are also in planning to be re-branded as Storage Giant sites - and I am ambitious to expand Storage Giant further into Oxfordshire.
“In fact, I plan to increase the number of Storage Giant sites across the UK to 20, trading by the end of 2019, and I see Oxfordshire as a prime location for further expansion of our brand, not least because Oxfordshire is home to the Fast Growth City of Oxford, and Bicester Village is such an enduringly attractive draw for tourists – welcoming more visitors annually than the Tower of London.
“Also, there is a real sense of ambition and drive among the business community in Oxfordshire which is helping to fuel the success of the wider region and Storage Giant is pleased to be a part of this growth.
“I feel very strongly that the business community as a whole must be determined not to be drawn into the unnecessarily negative commentating that has been circulating since the advent of Brexit - which can easily become a self-fulfilling prophesy.
“In reality, businesses up and down the country are investing in their businesses and their workforces, investing in the local and national economy, and they have their eyes set on a successful, competitive future. While all savvy business men and women are focused upon making carefully reasoned decisions based upon credible forecasts, it is important that we continue to see Britain as the vibrant economy it is – worthy of continued investment.
“For our part, we continue to look for opportunities for both acquisition of existing stores as well as new developments to fuel the growth of Storage Giant. And, an important consequence of the continued growth of our business, which has further implications for local economies close to our sites, is the fact that Storage Giant is a significant incubator for SMEs and start ups, who use our facilitates to maintain logistical freedom with their start up or small business. We offer both flexible office solutions as well as high tech storage facilities, which removes some of the financial pressures from entrepreneurs, prompting start ups to take the leap into business that they might otherwise not have taken because of onerous long-term leases, and prohibitively high rent and rates. This does much to create resilience within the local economy by propagating a nursery of start ups which then go on to grow and to employ others locally.”
"I plan to increase the number of Storage Giant sites across the UK to 20, trading by the end of 2019, and I see Oxfordshire as a prime location for further expansion of our brand."
Storage Giant Managing Director, Simon Williams
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