England-based Sentry Self Storage has opened a new facility in the community of Eastleigh after agreeing to a 10-year lease with Lambert Smith Hampton (LSH), a U.K.-based commercial-property consultancy. The 17,775-square-foot property is Sentry’s 17th storage location.
The leased building at Unit 4, Trafalgar Close, Chandlers Ford Industrial Estate had been vacant for three years, according to the source. LSH represented Horatio Properties Ltd. in the transaction.
"Due to the success of our Toynbee Road premises in Eastleigh, we have been looking for another premises in the area, and we believe Unit 4 is just right for our needs,” said Mark Hickman, owner of Sentry Self Storage. “It will enable us to offer a further range of storage options for business and personal customers."
A lack of similar sites in the area and an improving local economy made the building an attractive option for self-storage, according to Adrian Whitfield, director of industrial and logistics agency at the LSH South Coast office.
Founded in 1988, Sentry operates self-storage facilities in the English counties of Hampshire, Surrey, Sussex and Wiltshire.
Sources:
- Insider Media Limited: Self-Storage Business Opens 17th Branch