B&M leads new lettings at redeveloped Worcestershire retail park

Goold Estates has secured a number of new lettings at Tannery Retail Park in Stourport-on-Severn, Worcestershire, following a £1m redevelopment of a former Co-op site.

These new signings are led by B&M, which will open a 18,889 sq ft store in August within the retail park’s largest unit. The discount retailer joins St Richard’s Hospice Foundation, with the charity shop set to open a 5,092 sq ft larger format store in July.

These latest lettings follow the relocation of InStore Pharmacy at Tannery Retail Park, which has moved into a newly-created 1,859 sq ft unit.

Goold Estates, a property investment and development company, acquired the 29,000 sq ft former Midcounties Co-operative store in 2024. Located on a 2.1-acre site, the building has since been subdivided and refurbished to create a multi-let retail scheme, with new shop frontages, LED lighting, and a bike shelter. The retail park also benefits from a 145-space customer car park. The site was renamed Tannery Retail Park in recognition of the historic Stourport tannery that had occupied the site for more than 260 years.

One 3,000 sq ft unit remains available to let at the scheme.

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.”

Johnson Fellows acted for Goold Estates.