Padlock Partners UK Fund I

Padlock Partners UK Fund I

Padlock Is Comprised Of Industry Leaders With A Track Record Of Creating Long-Term Investor Value. Our Strong Executive Team Has Over 100 Years Of Experience, Each Bringing A Unique Perspective In The Asset Management, Acquisition, Disposition, Financing And Operation Of Commercial Real Estate. It Enables Us To Consistently Deliver Superior Results And Support Our Investors Achieve Their Goals.

 

The Fund continues to source and acquire both existing and development self-storage and mixed-use properties in the UK. Padlock intends to generate positive risk-adjusted returns across all market environments.

Wimbledon Property

 

  • The property is in West London in the Wimbledon area
  • The single storey, 8,800 SF warehouse has been replaced with a modern five-storey self-storage facility
  • Rents in the immediate vicinity are the highest in the EU
  • Significant barriers to entry keeping self-storage supply low, while local demand increases
  • Adjacent to massive new Stadia Three department which includes shopping, office, over 600 apartments and the purpose built AFC Wimbledon club stadium

Leighton Buzzard Property

 

  • Purpose built self-storage site is 23 miles northwest of London
  • Property contains c. 25,000 SF of rentable storage space with an additional c. 10,000 SF expansion nearly completed”
  • Value-add opportunity to convert bulk space to storage units
  • Only Class-A self-storage facility in the town of Leighton Buzzard

Letchworth Property

 

  • Purpose built self-storage facility is 22 miles north of London
  • The property contains c. 31,800 SF of rentable storage space
  • Value-add opportunity to convert bulk space to storage units
  • Ideal location on heavily trafficked corner

Chippenham Property

 

  • Conversion and expansion of site to self-storage use
  • Class-A, c. 12,000 net rentable square foot self-storage facility across 3 floors and several office spaces
  • 19,000 square foot expansion scheduled for July 2025
  • No direct competitors within the store’s market area

Bicester Property

 

  • Located northwest of London in Oxford to Cambridge growth corridor
  • Currently stabilized, consistently achieving 85-95% occupancy
  • Class-A, 25,000 net rentable square foot self-storage facility across 3 floors
  • Ideally located in a bustling market town

Enfield Property

 

  • Existing warehouse in London converted to Class A self-storage use
  • Approximately 14,000 net rentable square foot, singe-story self-storage facility
  • Ideal location in underserved market
  • Heavily trafficked, highly visible location at a major intersection
  • Plans for constructing a c. 35,000 rentable square foot extension have been approved, with an anticipated completion date of Q1 2025