Business
Planning Update
Big Yellow Group PLC has secured planning consent for a new 58,000 sq ft storage centre in Leicester, a new market for the company, with an expected opening in late 2027. The development represents a £13.0 million capital deployment and is projected to deliver an 8.7% net operating income return at stabilisation. This planning approval brings the total number of pipeline stores with consent to ten out of thirteen. Disclaimer*
About this update from Big Yellow Group Plc
[{"type":"text","content":"\n\n \n18 December 2025\n \nBig Yellow Group PLC\n(\"Big Yellow\", \"the Group\" or \"the Company\")\n \nPlanning Update\n \nBig Yellow announces that it has obtained planning consent for a 58,000 sq ft storage centre on its site in Leicester.\nWe 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.\n \nJim Gibson CEO, commented:\n\"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.\"\n \nEnquiries:\n \nNicholas Vetch CBE, Executive Chairman 01276 477811\nJim Gibson, Chief Executive Officer 01276 477811\nJohn Trotman, Chief Financial Officer 01276 477811\n \nSodali & Co 0207 100 6451\nBen Foster\nVictoria Heslop\n \n\n","length":3330,"tagName":"div"}]