Aldi unveils wish list of priority London locations
Aldi has revealed its list of priority locations in London where it is looking to open new stores.
The supermarket retailer recently announced its long-term plan to operate 1,500 stores across the UK, with a particular interest in locations within the M25 due to strong demand.
As part of a £500m investment to increase its presence in London, Aldi is aiming to open a further 100 stores within the M25.
Priority locations include:
- Barnet
- Beckenham
- Bromley
- Chelsea
- Chiswick
- Hackney
- Highbury
- Kensington
- Notting Hill
- Richmond
- Walthamstow
- Wanstead
- Winchmore Hill
Aldi is offering a finder’s fee for property agents, who recommend a previously unknown site, of 1.5% of a freehold price or 10% of the first year’s rent for leasehold sites.
The retailer is on the hunt for sites at least in size 20,000 sq ft for its standard stores, with around 100 dedicated parking spaces and preferably on a main road with good access and visibility.
Aldi is also looking for smaller sites to accommodate its Aldi Local format, which are around 5,000 sq ft in size.
Jonathan Neale, managing director of national real estate at Aldi UK, said: “We want to make high quality, affordable food accessible to all, but there are still many areas in the capital that don’t have access to an Aldi and, as a result, too many people have to make do with big prices at the traditional supermarkets.
“The locations we’ve identified are places where there is demand for our stores and we are committed to continue investing until we can bring our quality products and unbeatable prices to as many people as possible.”