Business
Statement re Store Fire
Statement re Store Fire.
About this update from Safestore Holdings Plc
[{"type":"text","content":"\n RNS Number : 8087Y Safestore Holdings plc 31 December 2010 \n \n\n \n \n \n \n \n \nFOR IMMEDIATE RELEASE 31 December 2010\n \n \nSafestore Holdings Plc\n \nStatement re Store Fire\n \n \nThe Board of Safestore reports that there was a fire at its La Défense store in Paris yesterday but there were no injuries. \n \nThe French head office was also based at this store which trades under the name 'Une Pièce en Plus'. The building, all fixtures and fittings, and customer property stored within the building are fully insured and the Group is also insured for loss of trade and business interruption whilst the store is inoperable. The store contributes less than 1% of revenue and will therefore have no material impact on the business or its performance.\n \nIt is currently not known how the fire started. Our disaster recovery plan has been implemented so there will be no disruption to the running of the rest of the business and the store will be rebuilt and reopened as soon as practicably possible.\n \nENDS\n \nEnquiries\n \n\n\n\n\nHudson Sandler\n\n\n020 7796 4133\n\n\n\n\nNick Lyon \n\n\n\n\n\n\n\n \n \nNotes to editors:\n \n\n\n\n\n· \n\n\nSafestore is the UK's largest self storage group with 130 stores including 96 wholly owned stores and 12 stores under management throughout the UK and 22 stores in Paris.\n \n\n\n\n\n· \n\n\nThe Company provides storage facilities to more than 41,000 domestic and business customers (up circa 8.0% since 31 October 2009).\n \n\n\n\n\n· \n\n\nSafestore (excluding Space Maker stores under management) has a maximum lettable area (\"MLA\") of approximately 5.4 million sq ft (including the expansion pipeline stores) of which 2.94 million sq ft is currently occupied.\n...