Q&A with Freddie Crichton-Stuart, Director at Wigwam Storage Management
Name: Freddie Crichton-Stuart
Role: Director at Wigwam Storage Management
Who are Wigwam Storage Management
Wigwam Storage Management are owners and operators of remotely managed self-storage facilities across the UK. As well as acquiring and developing sites to convert into self-storage, we also offer a 3rd party management service to property owners who wish to retain their assets.
How many locations do Wigwam Storage Management currently have?
We current operate from 3 locations with another 4 secured under contract
Target locations?
Prominent Roadside Locations
Mixed use schemes
Former Retail Units or RedundantOffice Buildings
Warehouses at the front of industrial estates or trade parks
How many new locations are you targeting?
We have cash funds available to acquire a further 10-15 sites over the next 2-3 years
Size requirements?
Land from 0.5 to 3 acres
Existing Buildings with a min footprint of 10,000 sq.ft up to 40,000 sq.ft
Additional requirements?
Population size of at least 20,000 people within a 15min drive-time.
Planning consent?
B8 Planning or with potential for change of use
Freehold or Leasehold?
Freehold or Long Leasehold
Recent openings or new locations in the pipeline?
We have recently bought a 40,000 sq.ft business park with Paloma which also comprises 20,000 sq.ft of self-storage and 100 shipping containers.
Additional Questions:
What are the main challenges you face when acquiring new property?
I am responsible for over seeing the build and fit out so keeping all parties aligned!
What is your favourite building?
Natural History Museum London
Favourite retail or leisure destination?
Bullring Birmingham.
Contact details?
Email – freddie@wigwamstorage.co.uk
Tel – 01608 656 299
