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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.