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Planning Update

18 Dec 2025 07:00

RNS Number : 0146M
Big Yellow Group PLC
18 December 2025
 

 

18 December 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 58,000 sq ft storage centre on its site in Leicester.

We expect that this new store will deliver an approximately 8.7% net operating income return at stabilisation on the total capital deployed of £13.0 million.

 

Jim Gibson CEO, commented:

"We are pleased to have secured planning at Leicester, a new market for Big Yellow, and anticipate that the store will open in late 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

Victoria Heslop

 

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