Aldi looking to expand London estate

20th February 2023 | Jack Oliver

Aldi is looking to create around 2,400 jobs as it looks to open more London stores as part of its multi-million-pound expansion plans.

The supermarket retailer is aiming to nearly double its 60-strong portfolio within the Capital, with Aldi on track to open its 1,000th UK store later on in the year.

The grocer is also looking for sites for its smaller format, Aldi Local, which measure around 5,000 sq ft in size.

Aldi is offering finders fees of either 1.5% of a freehold price or 10% on rent for the first year for leasehold sites to agents who can help the retailer identify sites.

Aldi says ideal sites will be able to accommodate 20,000 sq ft of space for its stores as well as provide room for 100 dedicated parking spots. The retailer is targeting empty office blocks and new housing locations as well as town centre or edge-of-centre sites.

Ben Shotter, regional managing director at Aldi, said: “We’re conscious that there are still many areas, particularly in the capital and within the M25, that don’t have access to an Aldi.”

He added that although Aldi is primarily eyeing up sites within the Capital, the retailer is also looking to open more stores nationwide.


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