B&M joins new tenants at £1m Tannery Retail Park redevelopment

Property investment and development company, Goold Estates, has secured a series of new lettings at Tannery Retail Park in Stourport-on-Severn, following a c.£1 million redevelopment of the former Co-op site.

By contributor Paul King
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National retailer B&M has taken the largest unit, comprising 18,889 sq ft, and is due to open its new store in August. It joins St Richard’s Hospice Foundation, which will launch a new 5,092 sq ft larger-format store in July.

The latest lettings follow the relocation of InStore Pharmacy, which moved into a newly created 1,859 sq ft unit on the same site.

Just one unit of c.3,000 sq ft remains available to let, offering modern retail space in a prominent and accessible town centre location. The retail park benefits from a 145-space customer car park, offering free two-hour parking.

Goold Estates acquired the c.29,000 sq ft former Midcounties Co-operative store in 2024. Located on a 2.1-acre site at the corner of Tan Lane and Lombard Street, the building has since been subdivided and refurbished, to create a modern, multi-let retail scheme, with new shop frontages, LED lighting and a bike shelter.

Photograph of Tannery Retail Park in Stourport-on-Severn.
Photograph of Tannery Retail Park in Stourport-on-Severn.

It has been renamed Tannery Retail Park in recognition of the historic Stourport tannery that occupied the site for over 260 years.

Anthony Williams, director at Goold Estates, said: “We’re pleased to welcome B&M and St Richard’s Hospice to Tannery Retail Park. Their arrival, alongside InStore Pharmacy, brings new jobs and footfall to the town. Attracting a national retailer like B&M and supporting a much-loved local charity in delivering a new, large-format store is a great result for Stourport.

“We’ve retained key amenities, including the 145-space customer car park, while investing more than £1 million to fully refurbish and reconfigure the building into modern, high-quality retail space. With just one unit remaining, we’re confident the scheme will be fully let soon.”

Richard Bache of Johnson Fellows acted on behalf of Goold Estates.