Aldi sets its sights on East Devon and Exeter as the supermarket giant seeks new sites to open stores

Supermarket giant Aldi has revealed it is looking for new sites to build and open stores in East Devon and Exeter.

The supermarket has pledged to invest £1.4billion over the next two years and its plans include new stores in Exmouth and Exeter.

As well as moving into the East Devon town of Exmouth, Aldi has revealed it is looking for freehold sites where it can build new stores in Exeter and Plymouth.

The supermarket giant is urging landowners who have suitable sites to get in touch.

A spokesperson for the supermarket said: “Aldi is searching for freehold town-centre, edge-of-centre, and retail park sites suitable for property development.

“The sites should be able to accommodate a 20,000 sq foot store with around 100 parking spaces. Ideally the location will be near a main road with good visibility and access.”

Britain’s fourth largest supermarket, which opened its 1,000th store earlier this month, said it was ‘committed’ to a long-term target of 1,500 stores in the UK – meaning it is on the hunt for more locations across the UK.

Richard Thornton, Aldi UK spokesman, said there was a ‘need’ for more stores, particularly in towns and areas where Aldi was absent.

He said: “The areas we’ve identified in our latest list are places where there is demand for stores and we are committed to continue investing until we can bring our quality products and unbeatable prices to as many people as possible.”

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