Aldi is set to invest over £400m as part of its hunt for new and refurbished sites across the UK.
The discount grocer currently has more than 990 stores but looks to meet its current target of 1,200 sites across the UK in a bid to reach more shoppers.
Aldi is currently 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.
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It is also looking for locations near a main road with good visibility and access, targetting the Midlands, North West, North East, Yorkshire and coastal towns.
The supermarket is offering a finder’s fee for agents who recommend a site which is either 1.5% of a freehold price or 10% of the first year’s rent for leashold sites.
“Demand for Aldi has never been higher here are still some towns and areas that either don’t have access to an Aldi or have capacity for additional stores,” Aldi UK chief executive officer, Giles Hurley said.
“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.”
This comes as last week, Kantar data revealed Aldi remains the fastest-growing supermarket as it grew sales by over 26% year on year and during the last three months, the retailer attracted 1.3m more shoppers with customer spend switching from every other supermarket.
