A Newport self-storage firm is on track to double in size over the next two years on the back of expansion it has achieved even through the pandemic.
Storage Giant, which is the largest private self-storage provider in Wales and the second largest in the 海角视频, has sites across Wales, the Midlands and the M4 corridor. It is also pressing ahead with plans to open new sites in Bridgend, Nottingham, and two in the West Midlands in the coming months.
The expansion will take is number of storage sites to 20, while doubling storage capacity to near 700,000 sq ft.
The multi-million-pound turnover business currently employs 28 staff, but with its expansion plans that will increase to around 70.
Its storage facilities also support hundreds of jobs amongst its business clients.
Storage Giant managing director, Simon Williams, said: “The past year has been a difficult one both for individuals and for businesses and we have all faced real challenges. I am pleased we have been able to meet the needs of our clients and customers throughout the pandemic and we have been able to increase the number of SMEs and start-ups under our roof, too.
"We are well positioned and looking forward to opening new sites across the 海角视频 in the coming months and years.”
“During the spring/summer of 2020 we saw occupancy and revenue grow by more than 6% and 14% respectively, with nine out of our ten sites increasing occupancy, in part due to a shift in people’s working habits and associated storage needs, and in part because of new start-up businesses aligned to the shift to trading online.
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"Our Welsh sites, in Newport, Swansea, Cwmbran and Llanelli fared particularly well."
As part of its expansion plans, Storage Giant has just submitted a proposal to Walsall Council to build a new facility on a vacant site.
Mr Williams added: "We have also very recently signed up to open new premises at a £30m mixed-use scheme in Nottingham, and we have a new site in Kingswinford progressing towards completion.
" We also have plans to open a new Storage Giant facility to serve Bridgend this year. Our job creation studies show that these new sites are likely to create hundreds of new jobs. They will supply vital start-up space for entrepreneurs to set up their businesses with low risk and low outlay costs.
“Storage Giant began life in 2007, during a deep recession, as a single-unit concern and we are very proud to be a thriving business now, with a well-functioning business model and a real commitment to safeguarding local jobs and local economies.”