Britain’s biggest bus operator, Stagecoach, is to become the largest tenant at Stockport Exchange – taking three floors of space over a 15-year lease period.
Stockport Exchange’s Grade A offices will see 200 roles relocated to their new Stockport base by the end of this year and marks a reaffirmation of Stagecoach’s commitment to Stockport.
The move means the Stockport Exchange offices are now almost fully occupied, with other clients including Sainsbury’s Local and locally-owned coffee shop operator Cafelito on the ground floor.
Cafelito recently leased the final 2,400 sq ft ground floor unit and is set to open in a couple of months. Talks for the final floor space at Stockport Exchange are ongoing.
Stockport Exchange has also delivered a 115-bed Holiday Inn Express and a new public space, creating a new attractive gateway to the town centre.
Working in partnership, Muse Developments and Stockport Council have delivered the stunning transformation at Stockport Exchange, as part of the £1 billion Investing in Stockport work which is underway locally. As work continues, real change and new opportunities are being brought to many parts of our town.
Councillor Kate Butler, Stockport Council’s Executive Member for Economy and Regeneration, said:
“This is a major vote of confidence in Stockport from a major employer in the Borough. I am pleased to see Stagecoach reaffirming that Stockport is a great place to base businesses for both employees and employers.
“More than this, it marks a major milestone for the Stockport Exchange redevelopment, which is now at near full occupancy.
“It is great to see the private sector now reflecting the confidence in Stockport that the Council has shown through major regeneration initiatives such as Stockport Exchange.”
Mark Haberfield, Managing Director of Stagecoach Services, said:
“As our business requirements have expanded over the years, we have outgrown our current offices so it is great to have found suitable premises in Stockport. The new offices will provide a better working environment for staff, improved facilities and an environment which is better suited to the needs of our business.”
Wes Erlam, development director at Muse, said:
“This letting is great news for Stockport Exchange and the wider town centre. We’re looking forward to welcoming Stagecoach to the scheme, where they will be able to take advantage of the excellent location, transport links and nearby amenities.
“The development has already physically transformed the area next to the train station and these lettings, along with the Holiday Inn Express and Sainsbury’s Local, will really put Stockport Exchange on the map as the town’s newest, most exciting commercial district.
“We are in advanced discussions to lease the final floor of the offices which would result in a fully let building only six months after completion.”
Find out more about the work taking place across Stockport