At Kensington Olympia planning consent has been granted at appeal for a 176,000 sq ft scheme adjacent to the £1.3 billion events centre currently under construction.

The new storage site will open in 2027 and is Big Yellow’s largest secured planning consent.

At Staples Corner a resolution to grant planning has been secured for a 131,000 sq ft replacement of the existing leasehold store.

 Jim Gibson, CEO, said: “The planning permission at Kensington Olympia is the largest and most important consent secured by Big Yellow to date.

“It continues our focus on opening stores in central London in highly affluent and populous areas where land availability is low and planning permission is formidably difficult to secure.

“We now have planning permission on all but one of our London sites which has substantially derisked our pipeline of new stores and opened the pathway to unlocking significant revenue growth.”