Lidl confirms Welshpool store

Supermarket giant Lidl has confirmed that it wants to open a Welshpool store under plans that will see major expansion across Wales and creating thousands of jobs.

Only last year, the company shunned Welshpool in its expansion plans, but it has had a change of heart by announcing that Welshpool is now on its ‘hit list’.

Known for its low prices, Lidl intends to open 57 new stores across Wales

The discounter has announced plans to open hundreds of new stores across the UK, creating thousands of new jobs and wants Welshpool residents to help them find a new home.

It is specifically looking for sites in prominent locations with easy access and strong pedestrian or traffic flow, with 1.5+ acres for a standalone store and up to four acres for mixed-use schemes. Sites should allow for unit sizes between 18,000 and 26,500 sq ft and over 100 dedicated car parking spaces, and Lidl’s flexible approach means it will consider freehold, leasehold or long leasehold opportunities.

Should a site be successfully identified, the discounter will pay a finders’ 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 £1.5m site purchase.

Richard Taylor, Lidl GB Chief Development Officer, said: “Having fortified our infrastructure with significant investments like Luton, which is the largest warehouse in the Lidl world, we’re proud to have achieved record market share this month. We have also been the fastest growing bricks and mortar supermarket for the past seven months in a row.

“With an exceptional store network and our laser focus on operational excellence, we’re welcoming more customers through our doors than ever before, which positions us perfectly for continued expansion.

“As we celebrate our 30th year, our commitment to ensuring that all households across the country have access to high quality produce at affordable prices is stronger than ever. We’re planning to open hundreds of new Lidl stores but ultimately see no ceiling on our ambition or growth potential.

“This is why we’re continuing to invest in new locations whilst exploring innovative routes to expansion. As we look ahead, we’re excited to welcome even more new shoppers to our existing stores, as well as those we’re planning to open across the country in the coming months and years.”