// Aldi to secure more supermarket locations across London
// The German discounter will look to almost double its 60-strong estate
Aldi will look at securing more supermarket locations across London as part of its multi-million-pound expansion plans.
The German discounter will almost double its 60-strong estate within the M25 and create around 2,400 jobs.
Property agents are being offered a finder’s fee of either 1.5% of a freehold price or 10% of the first year’s rent for leasehold sites, for recommending a previously unknown site.
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Aldi is looking for locations big enough for its standard 20,000sq ft stores, which need around 100 dedicated parking spaces, preferably on a main road and with visibility and access.
It is also looking for sites to accommodate its smaller Aldi Local store format, which are around 5,000sq ft in size.
It is targeting empty office blocks and new housing locations as well as freehold town-centre or edge-of-centre sites suitable for property development.
Aldi regional managing director, Ben Shotter said: “We strongly believe that access to affordable, high-quality food is a right, not a privilege. But 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.
“As a result, too many people have to make do with big prices at the big supermarkets. We want to give more people a new Aldi store with our award-winning products at unbeatable prices. We are looking for locations across the UK, but particularly in London.”
