Property consultants Alder King have let a studio unit in Bristol to an expanding Gloucestershire e-bike retailer.
Edemo Electric Bikes is a specialist Riese & Muller e-bike dealer based in Nailsworth.
Following dramatic growth in sales over the past year, the company decided the time was right to expand.
After having ambitions to open a second site in Bristol, the business has now agreed terms on Unit 5.5 at Paintworks.
Located on the site of a former Victorian paint factory on the A4 Bath Road, Paintworks has become a vibrant and hugely successful mixed-use development and, with many of its occupiers in the TMT sector, has become known as Bristol’s creative quarter.
Edemo agreed on a five-year lease from the landlord Bright Property Development Ltd and will use the unit as offices and for distribution.
The new base, which is one of the original units from the first phase of conversion, will provide 1,140 sq. ft of ground floor and mezzanine accommodation and one dedicated car parking space.
Tom Dugay of Alder King said: “Bristol has long been known as a cycling city and with increased availability of electric bikes, more of us are using them for both commuting and leisure.
“It’s great news that Edemo has decided to open a second outlet and I’m sure they’ll continue to prosper here.”