Paloma Capital Acquires and Rebrands Greenspace Self Storage as Part of York North Redevelopment

Paloma Capital has completed the acquisition and rebranding of Greenspace Self Storage, marking the latest step in the redevelopment of York North Business Park, previously known as Green Park Business Centre.

Strategic Location and Modernised Facilities

Located off Goose Lane in Sutton-on-the-Forest, just ten minutes from York’s Outer Ring Road and close to Clifton Moor, the 28,500 sq ft self-storage facility serves both residential and commercial customers. Greenspace offers a wide range of storage units, from 20 to 255 sq ft.

The rebrand aligns the facility with Paloma Capital’s wider vision for York North, which benefits from strong transport links to the A59, A1(M) and nearby destinations including Monks Cross and York city centre, just 8.6 miles away.

Type of Space	Size Range	Who Might Use It
Self Storage Units	20 - 255 sq ft	House movers, students, local businesses
Trade Units	Varied	Small business, tradespeople, e-commerce
Industrial/Warehouse Units	4,000 - 34,400 sq ft	Growing businesses, manufacturers, distribution

Ongoing Investment and Expansion

Paloma acquired the business park in 2022 and has since undertaken significant improvements, including a £1.25 million refurbishment of a standalone 12,508 sq ft industrial unit, which includes office space, a secure yard, and dedicated parking. The unit is now available to let.

Planning permission has also been secured for four new industrial/warehouse units totalling 34,400 sq ft. These units are available as design and build opportunities ranging from 4,000 to 15,400 sq ft.

A Long-Term Vision

Jeremy Thiagarajah, Director for Asset Management and Investment at Paloma Capital, said:

“We are delighted to relaunch Greenspace Self Storage in line with our overall investment at York North. The facility is hugely popular amongst the local community.
York North is situated in an exceptional location with great connectivity, and we are committed to maximising the value of the estate through repurposing existing buildings as well as adding new accommodation.”

About Paloma Capital

Paloma Capital is a London-based private equity real estate firm founded in 2015 by Joe Froud and Jack Pitman. The company has raised approximately £640 million from investors across Europe, the Middle East, and North America. With a focus on smaller, multi-let UK assets, Paloma takes a hands-on approach to asset management, aiming to unlock value through targeted redevelopment strategies.

Letting agents for the York North Business Park scheme are Carter Towler and JLL Leeds.