Aldi Puts Penarth on 'Wish List' of Potential New Store Locations

By The Editor

1st Jul 2020 | Local News

Photo Credit: Elliot Brown on Flickr
Photo Credit: Elliot Brown on Flickr

The budget supermarket chain, Aldi, is looking to open new stores across the UK - including in Penarth.

Aldi has published a 'wish list' of places that fit their criteria as part of expanding the business, with twenty proposed locations in South Wales.

Aldi released a statement on their website, saying: "Our sustained growth means we are continually expanding our property portfolio to help achieve our ever-growing goals for 2022.

"We have ambitious acquisition and development plans beyond that and are looking to acquire sites that meet the following property criteria for our standard store format.

"We prefer to purchase freehold, town centre or edge of centre sites suitable for property development in towns with a population of 15,000 or more.

"We are willing to explore all opportunities including developer-led schemes and existing or new retail units. Our yield profile is increasingly adding value to developments."

     

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