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Mike Kelly

Aldi plans new stores for Newcastle and Sunderland - and offers cash for suitable site

Supermarket giant Aldi has revealed a wish list of 55 new store locations across the UK, including Newcastle and Sunderland. And it is offering a finder’s fee for anyone who can help unearth suitable sites.

The UK’s fifth largest supermarket has been on a rapid expansion drive in recent years, helping it grow its market share to a record 9%. The German discounter already has more than 960 stores across the UK and is looking for freehold town centre or edge-of-town sites of around 1.5 acres, reports PA.

It wants sites that are able to fit a 20,000 square foot store with around 100 parking spaces, ideally near a main road with good visibility and access. The supermarket is offering a finder’s fee for people who successfully recommend a site - including members of the public - of either 1.5% of the freehold price or 10% of the first year’s rent for leasehold sites.

Read more: Aldi poised to topple Morrisons as the fourth most popular supermarket

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