
Tandem Investment’s 10,645 sq ft Canning Street, Burnley roadside scheme is now fully let, the developer behind Stockport town centre office space, STOK, has revealed.
The firm’s success with Lancashire businesses follows a slew of recent lettings at STOK, a ‘game-changing’ contemporary office space in the former Marks & Spencer store on Prince’s Street. STOK is now home to 31 businesses, including the most recent arrival, JCM Business Solutions, while the terrace suite of the recently completed final phase of the scheme was pre-let to OCU Group earlier this year.
In Burnley, Formula One Auto Centres were the first tenant to agree a pre-let of 5,302 sq ft on a 15-year lease and are now open and trading. Lucky B’s Hot Chicken are about to commence their fitout and expect to start trading in early September. Angling Direct PLC and Indigo Sun Retail Limited have pre-let the remaining two units and will take occupation once the Landlords works are complete to subdivide the existing Unit 3 in Q4 2025.
Six spaces within the car park have also been let to an Electric Vehicle Charging company for a term of 20-years. That scheme is now operational on behalf of EON.
Jonathan Wolstencroft, Director at the letting agents Whiteacres commented:
“The lettings vindicate Tandem’s initial acquisition of the former Argos unit close to Burnley town centre. It’s a great achievement to have the scheme fully let prior to practical completion.”
Richard Rees, Director at Tandem Investments, added:
“We are thrilled to have made such a great success of what was one of our first acquisitions. The diversity of occupiers demonstrates the benefit of developing a flexible scheme with such good profile and proximity to a busy town centre.”
Whiteacres and Cheetham & Mortimer represented Tandem Investments. Adept Consultancy UK represented Formula One Auto Centres and Angling Direct PLC.