31/10/2022
CB1 welcomes two new tenants to flagship development

Brookgate has confirmed completion of the first commercial lettings at Three and Four Station Square to wealth management company Charles Stanley and craft bakery Gail’s.

Award-winning investment firm Charles Stanley, which has offices across the UK, has secured 2,800 sq-ft of office space in the heart of the CB1 development in central Cambridge. The letting comprises a first-floor office suite, sitting beneath the Weston Homes residential apartments at Three Station Square. Gail’s Bakery opened on the ground floor in September.

Three and Four Station Square comprises two-mixed use buildings which front onto a new public space outside the station. Designed by Formation Architects, the buildings collectively provide up to 7,500 sq-ft for retail use and 10,000 sq-ft of office space as well as 89 flats, cycling facilities and car parking spaces.

Alex James, Cambridge Branch Manager at Charles Stanley, said: “We are delighted to be relocating to Three Station Square, just fifty yards from the mainline railway station in the Cambridge city centre. We were the first branch of Charles Stanley to open outside of London more than 40 years ago and are now part of a 23-strong national network of branches delivering wealth management services to clients from around the country. We look forward to beginning our next chapter in this excellent location surrounded by many other established and innovative firms. Our new premises will complement and enhance the experience and service that we provide to our clients and professional connections.”

A spokesperson for Gail’s Bakery said: “We launched our first site in Cambridge in 2019 in the Grafton centre. Being a part of such a historic town and being known as a craft neighbourhood bakery it is something we take pride in. We are delighted to be in Cambridge station square, for all of the commuters, office workers and students to enjoy their morning coffee and fresh loaf of bread with us.”

Sven Topel, Chief Executive at Brookgate, said: “We’re pleased to have secured our first lettings at Three and Four Station Square as we continue to attract business talent to the CB1 community. Three and Four Station Square is providing in-demand office suites in a thriving and fast-growing part of Cambridge, with excellent connections to the wider city. We are pleased to welcome Charles Stanley and Gail’s Bakery to CB1 and to continuing to secure lettings for the remaining space.”

The CB1 development has let over 583,000 sq ft of new office space in recent years, as well as providing over 400 new homes. The CB1 masterplan has become a popular location for many tech and professional firms, with a range of existing tenants including Amazon, Microsoft, Samsung, Apple and Deloitte. Within the next three years, the CB1 development plans to provide further hotel rooms as well as an additional 85,000 sq ft of office space.