Big Yellow Group PLC (LSE:BYG) has provided an update in response to the UK Budget’s latest commercial property revaluation, which will increase the company’s annual rates bill by £1.8 million—an uplift of around 8.5%—for the year ending March 2027. The rise applies to 27 stores with rateable values above £500,000. While the adjustment will add to future costs, the company noted its strong track record in managing valuations, having secured roughly £5 million in rebates over the past six years. As it works through the 2026 Listing, Big Yellow plans to target new appeals to help mitigate upcoming rate pressures.
The group’s performance remains supported by healthy profitability, solid cash generation, and a valuation that aligns with its long-term fundamentals. Technical indicators continue to show a bullish trend, though the overbought signals suggest investors may want to remain attentive to market movements. The stable outlook is unchanged by the absence of recent earnings call updates or major corporate developments.
More about Big Yellow Group
Big Yellow Group PLC is a leading UK self-storage operator, offering secure, flexible storage options for both individuals and businesses across its nationwide network.
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