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German supermarket chain Lidl is providing a search commission to anyone who can identify suitable sites for new retail outlets across the UK, as the store aims to succeed at 1100 retail outlets by 2025.
Announcing the initiative on Tuesday, April 26, Lidl said it would pay investigators a payment of 1. 5 percent of the value of a freehold acquisition or 10 percent of the first year’s rent for lease sites.
As The Grocer publishes, for a full £1. 5 million purchase, that would equate to £22,500.
Demand is especially strong in London, where Lidl already has a hundred stores. The grocery store said it hopes to double its presence in and around the city and open a hundred stores.
In addition to spaces for independent stores, the supermarket is also for spaces in grocery shopping malls, main streets and grocery shopping parks.
The sites will preferably be in the immediate vicinity of public transport, in the city center, and possibly or not will have parking for cars.
The store has published a long list of desired places across the UK, adding major cities such as Manchester, Birmingham, Edinburgh, Swansea and Liverpool.
The allocation is part of a £1. 3 billion investment in expansion, while Kantar studios named Lidl the UK’s sixth-largest supermarket last month.
Lately it has more than 900 points of sale in the United Kingdom after opening 23 new points of sale since the beginning of the year.
Richard Taylor, Lidl’s director of development, said the regular market opens an average of one new week.
“But there are still communities across the country that tell us how much they want, and how much they want, a Lidl store,” Taylor said.
“We work with some of the other people in the industry to identify new locations, but we also know how engaged our current and long-term consumers are and we need to take advantage of that.
“Our broker fees are available to anyone who can identify a viable option for a new store that we are not yet aware of, and we welcome any suitable advice that will help us achieve our ambitious 1,100 store purpose by the end of 2025. “
Members of the public who think they know about potential sites can find more main points about the initiative here.