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Lidl calls on public to help locate new store sites

Lidl is to offer a finders fee to members of the public who are successful in helping it to identify sites for new stores. The supermarket… View Article

FOOD & DRINK

Lidl calls on public to help locate new store sites

Lidl is to offer a finders fee to members of the public who are successful in helping it to identify sites for new stores.

The supermarket is investing £1.3 billion in expanding its store portfolio across 2021 and 2022 and publishes an annual list of locations where it is interested in acquiring sites for potential store developments.

Members of the public who successfully identify sites will be rewarded with a fee of either 1.5% of the total freehold purchase price or 10% of the first year’s rent for leaseholds, which would equate to £22,500 for a completed £1.5 million site purchase.

Lidl has already opened 23 new stores so far this year in places such as Warwick, Hounslow and Straiton.

Richard Taylor, chief development officer at Lidl GB, said: “We’re opening an average of one new store a week, which is incredible, and our teams have done a phenomenal job of keeping that pace going over the last couple of years.

“But there are still communities up and down the country that are telling us how much they want and need a Lidl store. We work with some of the best people in the industry to identify new sites, but we also know how engaged our future and existing customers are and we want to build on this.

“Our finder’s fees are, therefore, available to absolutely anyone that can identify a viable option for a new store that we’re not already aware of, and we welcome any suitable suggestions that will help up us to meet our ambitious target of 1,100 stores by the end of 2025.”

Members of the public who know of potential sites are being encouraged to check details against Lidl’s site requirements and to contact the supermarket’s property team.

The list of towns and cities where Lidl is interested in opening stores includes places like:

–          Bristol
–          Derby
–          Liverpool
–          London
–          Manchester
–          Nottingham
–          Oxford
–          Southampton
–          Swansea
–          Birmingham
–          Sheffield
–          Cambridge
–          Edinburgh

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