Budget-friendly supermarket Aldi has announced plans to bring lower food prices to more Londoners. 

It comes after the brand shared they aim to secure more supermarket locations in London as part of a multi-million-pound expansion plan.

Aldi was recently named the UK’s cheapest supermarket for the second year running by Which? and has now pledged to almost double its 60-strong estate within the M25. 

With plans to create more stores, the supermarket also shared that they hope to make around 2,400 jobs in the region. 

Currently, Aldi has more than 990 stores across the UK and will open its one-thousandth store later this year.

Aldi to open 60 more stores in London

Aldi also shared that they are accepting help for identifying sites, with property agents being offered a finder’s fee of either 1.5% of a freehold price or 10% of the first year’s rent for leasehold sites, for recommending a previously unknown site.

The brand said they are looking for sites that big enough for its standard 20,000 sq ft stores, which need around 100 dedicated parking spaces, preferably on a prominent main road and with good visibility and access

Plus, Aldi is also on the lookout for sites to accommodate its smaller Aldi Local store format, which is around 5,000 sq ft in size.

Areas of target include empty office blocks and new housing locations as well as freehold town-centre or edge-of-centre sites suitable for property development.

Ben Shotter, Regional Managing Director at Aldi, said: “We strongly believe that access to affordable, high-quality food is a right, not a privilege. But we’re conscious that there are still many areas, particularly in the capital and within the M25, that don’t have access to an Aldi.

“As a result, too many people have to make do with big prices at the big supermarkets. We want to give more people a new Aldi store with our award-winning products at unbeatable prices. We are looking for locations across the UK, but particularly in London.”