Following its recent acquisition of a 6.4 acre development opportunity at Harrow in North West London, Big Yellow Self Storage is partnering with industrial development specialist, Lesingham, to deliver a £40m multi-unit industrial development alongside a new Big Yellow storage centre.
The site – which is located on the old Kodak site on Harrow View – has outline planning consent for a 78,000 sq ft self-storage centre and around 112,000 sq ft of warehouse space.
Don Bailey of Lesingham commented: “This is an exciting project which enables the development of space that is very much in demand in this strategic location. We’re looking forward to working with Big Yellow on delivering a scheme which represents a considerable investment in Harrow”.
Formerly a director at Chancerygate and Delin Capital Asset Management, Bailey founded Lesingham earlier this year. It is an industrial development and advisory business which works with investors to develop existing sites and also sources new opportunities for investors.
Ross Ray of Big Yellow commented: “Partnering with Lesingham will ensure that our ambitions for the site are realised. Don is recognised as one of the leading experts in the UK industrial market and we are pleased to have him working with us on this major project”.
Letting agents for the scheme are Colliers International.