Tesco set to open in former M&S store
Tesco has been confirmed as the first tenant for the former Marks & Spencer building on High Street in Chesterfield.
Following a significant investment programme by property developer ALB Group in 2–8 High Street, the ground floor has been divided into three retail units, with Tesco securing the central space.
The 5,000 sq ft unit will be transformed into a Tesco Express. The handover is expected at the end of January 2026, with the retailer signing a 15-year lease.
Situated opposite the historic 800-year-old Market Place and adjacent to Primark, the building is one of the most recognisable on our town’s main shopping street.
ALB Group is progressing work to rejuvenate the building ahead of Tesco’s fit-out. Alongside the new supermarket, two additional ground-floor units are being created within the same block, both around 5,000 sq ft. These units are reportedly attracting significant interest from national and regional occupiers, suggesting continued demand for well-located space in our town.
Arran Bailey, Managing Director at ALB Group, said: “This deal is another example of our commitment to breathing new life into key town and city centres across the UK. The former M&S site is in a prime location, and securing Tesco is a huge vote of confidence in Chesterfield’s high street.”
Oliver Marshall of FHP Property Consultants said: “The letting to Tesco adds to the revitalisation of the heart of the town and shows the continued appetite for well-positioned, quality retail space in busy high street locations. This unit is right in the heart of the town, surrounded by other strong retailers, and we’re confident it will perform extremely well.
We also have two further units of c. 5,000 sq ft remaining in the building on the ground floor of the building, facing the Market Place. Whilst we have had some good interest, we are keen to discuss this with any other interested parties”.
Businesses interested in letting the available spaces of the building can contact Oliver Marshall on 07887 787885 or email oliver@fhp.co.uk
