Construction of a new landmark building for Lok’nStore, the rapidly growing self-storage company, in Suffolk has reached practical completion, main contractor MCS Group has announced.
The development at Futura Park, Ipswich, of a 15,306 sq ft, eye-catching Lok’nStore storage facility, is the fifth completed by MCS Group for the company. The unit is being fitted out by Lok’nStore’s appointed contractor and is due to open this summer.
Lok’nStore, which was established in 1995, is expanding across the country and has launched new facilities recently at locations including Hemel Hempstead, Wellingborough and Gillingham.
Warwickshire-based MCS Group has worked alongside the company for several years to deliver high quality, purpose-built storage facilities for personal or business customers.
Futura Park has been expanding and units for Audi and Jaguar Land Rover car dealerships have been completed. Further development is on-going, with a number of major retailers now established at the former Cranes site, including John Lewis, Waitrose, DFS and Oak Furniture Village.
Alan Shadbolt, group commercial director at MCS Group, said: “We’ve got a longstanding relationship with Lok’nStore going back many years and it’s great to see them opening another facility as this business continues to grow. We have reached practical completion on the Ipswich development at Futura Park, bringing a 29-week project with a value of £1.8million to a very successful conclusion.”
Lok’nStore chief executive Andrew Jacobs said: “This excellent new location adds to the recent rapid growth in our pipeline of stores. Our objective remains to grow by both acquiring more sites to build new landmark stores for Lok’nStore’s own balance sheet and to increase the number of stores we manage under the Lok’nStore brand for third parties.”
In 1995 Lok’nStore was one of the first self-storage companies in the UK. Now it has 33 stores in convenient locations mostly across the South East of England with more than 7,000 customers. The eye-catching buildings, with their distinctive orange Lok’nStore branded livery and prominent Lok’nStore signage, create highly visible landmarks.
MCS Group is currently constructing warehouse and distribution units at sites across the UK. The company has built and refurbished more than 300 car dealerships including Audi, BMW, Mclaren and Jaguar Land Rover since its inception in 2003.
