14 Nov 2019
Levy Real Estate have completed the sale of Fort Box Self Storage and their 2 “metro” style Central London facilities in St Johns Wood and Chelsea.
Started by Hugh Knowles and Ian Connolly in 2007 these leasehold facilities have been purchased for £13.6m by Safestore along with the Long Leasehold interest in the St Johns Wood centre in William Court.
Both facilities are situated in former car parks providing a combined MLA of circa 37,000 sq. ft
Simon Higgins of Levy Real Estate commented “Our activity in this exciting sector continues to build. Aside from our acquisition mandates across London, we are advising a number of the independent self-storage operators who are capitalising on the expansion plans of the UK’s market leaders and increased international investor interest”