Well this looks promising, especially if you are looking for a commuter bike, or a city runabout for picking up a few things at the market or store.

IKEA is going to start selling a low-maintenance unisex bicycle named SLADDA this August. “Designed to fit an urban lifestyle,” SLADDA was created with help from global design consultancy Veryday. The bike is designed to be low maintenance so don’t expect high end fittings like a 20 speed Shimano shifter or carbon fiber wheels. What it does offer though is a corrosion-resistant cogged drive belt which IKEA says will last for an impressive 9,320 miles before it needs to be replaced and disc brakes.

The bike frame is made of aluminium and comes coated in two layers of lacquer to protect against mud, salt and scratches, and light enough to be carried up a flight of stairs to your condo or apartment. Handlebars are height-adjustable, and the wheels come in either 26 or 28 inches, making the bike suitable for anyone from age of 12 upwards. The bike is also built with a click system which allows you to attach accessories, like a basket, fenders or a cart which have already been announced.

Sladda has already landed a coveted Red Dot Design Award and is slated to go on sale, in Europe this August. No word on when it or if it goes on sale in the USA The projected price is €699 (USD $797) for the general public, and €499 (USD $569) for members of the Ikea Family loyalty program.