Big Yellow Group has acquired a site at 60-70 The Highway in Wapping, E1, for £18.6m.
The company will lodge plans for the site, which is located adjacent to one of the company’s existing stores, to build a mixed-use scheme with 125,000 sq ft of self-storage space with 150 homes.
James Gibson, chief executive officer of Big Yellow Group, said: “This is a strategically located site on the fringes of central London and continues our strategy of building large, high quality stores as close to London’s city centre as possible.”
