Self-storage firm Lok'nStore has said its pre-tax profit jumped 62 per cent to £1.5 million in the six months to January 31 after it opened new stores in Reading and Madienhead.

The Farnborough-based company, which launched in 1995 and has 24 centres, added that it plans to open new bases in Aldershot, Chichester, Southampton and Bristol opening over the coming eighteen months.