No you cant.
When your site grows big it uses resources, once you start using alot of resources the shared hosting will ask you to leave or kick you off becuase you'll be using more CPU then other users, they'll start to loose money on you, and your site will become unbearably slow for its users.
Sites that offer plans like that are whats called overselling. Selling you more then you'll ever be able to use, and they have to count on their customers not to use that much or else they'll go out of business. Go ahead and try to use that 250GB of storage and transfer the 2100GB of data at 5.25 GBP per month, and see if you even make it thru the month, let alone the first week.
Hopefully that pretty much clears it all up.
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