Tesco to rent out office space for flexible working

Businesses and individuals looking for flexible office space will be able to use their local Tesco under a new plan announced by the supermarket chain.

As part of an agreement with workplace specialist IWG, excess space at Tesco stores will be converted into office areas designed for hybrid working.

IWG said that prices will range from £93 for five days per month to £216 for a full month.

A pilot is planned to start in mid-May at the Tesco Extra store in New Malden, south London, where 3,800 sq ft of space on the store’s upper mezzanine level will be fitted with 12 desks with privacy options, 30 co-working spaces and a meeting room. Users will have access to Wi-Fi and an in-store cafe.

Last year, research by IWG found that 72% of office workers would prefer to work flexibly rather than return to the office full-time — even if going back to the office five days a week meant earning more money.

“People don’t want to spend hours commuting every day and instead want to live and work in their local communities,” said IWG’s founder and chief executive, Mark Dixon.

He added that creating new locations in suburban areas was “a response to the growing demand we are seeing from customers who want to live and work locally.”

Feedback from users will be assessed ahead of a possible roll-out of the scheme at Tesco sites across the UK.