5.7 acre site sold by Colliers on behalf of Maximus Aequus.
A roadside development site in Shrewsbury owned by Maximus Aequus has been sold by Colliers International to Aldi in an unconditional deal.
John Roberts, Head of Automotive & Roadside at Colliers, secured the deal which will see a 20,000 sq ft store built on the 5.7 acre site beside the Battlefield roundabout, five minutes outside the town centre, on the A49 trunk road.
Maximus Aequus had planned to develop a hotel, coffee shop, pub restaurant and industrial unit, but Aldi secured the site as part of its £1.3billion investment to open 100 new stores during 2021. There is already a development on the other side of the Battlefield roundabout which is home to a BP petrol filling station, a Starbucks, a Green King Pub, a Burger King and Travelodge hotel.
John Roberts said: “The Battlefield roundabout is a prime location on the outskirts of Shrewsbury which is ideal for a wide range of roadside developments. Aldi’s ambitious growth plans will help support the local economy and provide further jobs in this commercial area.”
Jon Hickton, managing director of Maximus Aequus, added: “This gateway site very much matches Aldi’s requirements and will also help deliver Shropshire Council’s vision for business development and employment in these challenging economic conditions.”
Maximus Aequus is also currently working on plans for a £400million development of 2,000 homes on 430 acres to the north of Stafford after securing planning permission in early 2020.
James Thomas of law firm Shoosmiths advised Maximus Aequus Ltd. Nick Smith of Lamb & Swift and Aaron & Partners LLP acted for Aldi.