Warwick remains 'priority' location for new Aldi supermarket

By James Smith

3rd Mar 2023 | Local News

Aldi is also offering finder's fees to anybody who suggests a suitable location for a new store (Image via Aldi)
Aldi is also offering finder's fees to anybody who suggests a suitable location for a new store (Image via Aldi)

Warwick remains a 'priority' location for Aldi to open a new store, the supermarket chain has today (March 2) announced.

The UK's fifth largest supermarket, which already has more than 990 stores across the UK, has released a list of 30 top areas for new shops.

Aldi said it plans to invest more than £400 million in store development over the coming year as it targets new and refurbished stores across the UK.

The chain opened a new store at Tachbrook Park Drive last September, having already revealed that year it wanted to open another in Warwick.

Aldi said it is committed to reaching its current target of 1,200 stores across the UK.

That means it is on the lookout for freehold town-centre or edge-of-town sites that are around 1.5 acres and can accommodate a 20,000sq foot store with around 100 parking spaces.

Ideally, each location would be near a main road with good visibility and access, with priority locations listed below, the chain said.

The supermarket offers a finder's fee for agents who recommend a site, which is either 1.5 per cent of a freehold price or 10 per cent of the first year's rent for leasehold sites.

Giles Hurley, Chief Executive Officer at Aldi UK, said: "Demand for Aldi has never been higher but there are still some towns and areas that either don't have access to an Aldi or have capacity for additional stores.

"To meet that demand, we need to open more stores and it's our mission to keep driving our ambitious expansion plan to achieve that."

     

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