Worcestershire-based developer, Maximus Aequus Limited, has sold a high profile 5.7-acre site near Shrewsbury to Aldi for an undisclosed sum.
Maximus Aequus had originally submitted plans for a hotel, coffee store, pub restaurant and industrial unit for the site on the Battlefield roundabout, approximately five miles from Shrewsbury town centre on the main A49 trunk road and Battlefield Road.
However, the developer was approached by Aldi’s retained commercial property consultant, Nick Smith (of Lamb & Swift) who identified the site’s potential for a new food store instead. The new, 20,000 sq ft store will create 50 jobs.
Commenting on the site, Jon Hickton, Managing Director of Maximus Aequus, said: “We are delighted to have concluded a deal with Aldi that helps them towards their long term goals and will also help deliver the Shropshire Council’s vision for business development and employment in these challenging economic conditions.”
Developer, Maximus is also currently working on plans for a £400 million development of 2,000 homes on 430 acres to the north of Stafford after securing planning permission earlier in 2020.
In late September 2021, Aldi announced plans to open 100 new stores, involving the investment of £1.3 billion and the creation of 4,000 jobs by the end of 2021.
The announcement came as the supermarket reported that sales grew by 8% to £12.28 billion in 2019 with pre-tax profits jumping by 49% to £271.5 million. Aldi has long term plans to grow to a portfolio of 1,200 stores in the UK by 2025.