Growth capital to acquire and repurpose unoccupied retail and leisure outlets into self-storage space in city centres and urban settings

Away Cheltenham Ltd, a self-storage owner/operator, trading under the StoreAway brand, has secured an undisclosed amount of growth capital from Nash Business Capital Ltd, in conjunction with funding arranged by Nash & Co Capital Ltd.

Established by a team of self-storage management and property experts, StoreAway offers flexible storage space in city centres and urban settings by repurposing unoccupied retail and leisure outlets. To date, Nash Business Capital Ltd has funded the acquisition of a long leasehold site in Cheltenham, a former Lidl supermarket, and a freehold property in Bath.

The StoreAway concept embraces technology, offering advanced control systems that allow users to access self-storage solutions 24 hours a day, seven days a week via a smartphone app with the option of sharing entry with friends and family through a tailored approach. Supporting the launch and operations of each site is leading independent storage consultancy Engage, who has built a respected reputation amongst the storage community over the past decade.