REG - Big Yellow Group PLC - Planning Update

Big YellowAnnouncement

12/08/2025 07:00

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RNS Number : 8589U  Big Yellow Group PLC  12 August 2025

 

12 August 2025

 

Big Yellow Group PLC

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

 

Planning Update

 

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."

 

Enquiries:

 

Nicholas Vetch CBE, Executive Chairman
 
01276 477811

Jim Gibson, Chief Executive Officer
 
01276 477811

John Trotman, Chief Financial Officer
 
            01276 477811

 

Sodali  & Co
 
            0207 100 6451

Ben Foster

 

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