Plymouth bike gear shop will stay closed despite company rescue
THE Plymouth branch of motorcycle gear retailer Hein Gericke will remain shut even though the firm has been bought out of administration.
The Plymouth branch, which was situated in an odd-shaped circular building at Charles Cross, closed at the beginning of last month when the chain went into administration.
But even though the firm has now been bought out of administration it is only re-opening 16 units, the nearest to Plymouth being in Oxford.
The Plymouth branch was run as a franchise, and its closure meant the franchisee, "a self-employed shop partner" to use Hein Gericke's description, and his three staff lost their jobs.
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Hein Gericke spokesman Adam Clayton said the Plymouth outlet "was not one that was sustainable for the new buyer".
Mr Clayton said the Plymouth store was based in rented accommodation and it was now for the landlord, the freehold belonging to Channel Islands based firms Thistle Investments Ltd and Palace Investments Ltd, to decide what to do with the building.
The UK motorcycle clothing and accessory retailer traded under a license agreement and was separate from the German based parent company.
That company, now restructured has now bought the UK operation out of administration and started a new company called Hein Gericke Motorcycle Equipment Ltd.
Mr Clayton said Plymouth motorcyclists will still be able to purchase gear from the company when its website is re-launched "in the next week to 10 days".