It has signed a ten-year lease for unit 8, a 5,076 sq ft retail space at the popular Black Country shopping mall, which is owned and managed by national commercial property and investment company LCP.
The decision was taken by the company after Brexit to give easy access to the British motorcycle users to world class biking gears with fastest availability and local reach. The company has already begun to sell at its online store www.maximomo.co.uk and soon the outlet will be open to the public.
Barry Flint, asset manager at LCP, said: “It’s great news to welcome a brand that already has a strong identity in Spain and which has chosen Astle Retail Park for its first UK store. It adds a different offer for shoppers and we expect to welcome motorcycle enthusiasts from far and wide, when Máximo-Moto opens. We’re looking forward to working alongside staff.”
Ed Purcell, director of Creative Retail, which acted as agent on the letting, added: “We are very pleased to have let this unit so quickly whilst in challenging circumstances. The letting to Máximo-Moto will further diversify the retail offering at Astle Retail Park, and bring a new European retailer to the UK.”
Fit out is underway, with a potential opening date of mid-April.
Agents were Creative Retail and Mason and Partners.