StockMarketWire.com - Storage company Big Yellow secured Monday a resolution granting it planning consent on its Lombard Road, Battersea, London site.
The scheme would provide a new 72,000 square foot net Big Yellow store, 168 flats and 18,500 square foot of offices, retail and artists' studios, the company said.
The process of relocating customers from the existing store to nearby Big Yellow stores would commence in the New Year, following which the existing store would be demolished.
Construction was expected to commence next summer, with a view to re-opening the larger store in summer 2020, the company added.
'This was a large and complex proposal in planning terms and success gives us considerable confidence in tackling other projects closer to the centre of London as and when opportunities arise,' said James Gibson, CEO.
Story provided by StockMarketWire.com
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