Lidl offers public £22,000 finder’s fee for locating new store sites

German grocery store chain Lidl is offering a finder’s payment to any person who can discover suited websites for new retailers across the Uk, as the retailer aims to achieve 1,100 merchants by 2025.

Asserting the initiative on Tuesday 26 April, Lidl mentioned it will shell out finders a rate of both 1.5 for each cent of the selling price of a freehold invest in or 10 for each cent of the to start with year’s rent for leasehold websites.

As The Grocer points out, for a finished obtain of a £1.5 million web site, this would equate to £22,500.

Demand from customers is specifically higher in London, exactly where Lidl now has 100 shops. The lower price grocer explained it hopes to double its existence in the town and bordering places and introduce one more 100 shops.

As effectively as areas for standalone outlets, the grocery store is also seeking for spaces in browsing centres, on higher streets, and retail parks.

The web sites will preferably be in close proximity to community transport hyperlinks, in town centres, and could be with or without the need of auto parking services.

The retailer has released an extensive checklist of ideal destinations across the Uk, which includes important towns these as Manchester, Birmingham, Edinburgh, Swansea and Liverpool.

The challenge is element of a £1.3 billion investment in expansion, as analysis by Kantar named Lidl the sixth most significant supermarket in the United kingdom final month.

It at present has extra than 900 shops in the Uk after opening 23 new suppliers considering the fact that the starting of the 12 months.

Richard Taylor, main development officer at Lidl, mentioned the supermarket is opening an average of 1 new retailer just about every week.

“But there are still communities up and down the country that are telling us how substantially they want – and have to have – a Lidl store,” Taylor claimed.

“We do the job with some of the most effective people in the business to discover new websites, but we also know how engaged our long term and present clients are and we want to build on this.

“Our finder’s expenses are, consequently, readily available to completely everyone that can determine a feasible selection for a new retail outlet that we’re not previously mindful of, and we welcome any appropriate strategies that will aid up us to meet up with our ambitious target of 1,100 outlets by the close of 2025.”

Customers of the public who imagine they know of likely sites can find more specifics about the initiative here.