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Feb 7th 2018, 3:55 am
Posted by martytheis
Competition in the Irish grocery trade is set to become much more intense following the disclosure by German discounter Lidl that it's seeking for web sites for greater than 60 extra shops on both sides from the Border.

new lidlThe planned expansion is thought to become the biggest by any in the primary grocery multiples and coincides with signs of a continuing recovery in consumer spending in the Republic.

Lidl is already one of many largest retailers in Ireland with 143 shops as well as a additional 38 in Northern Ireland. The other German discount chain Aldi has 115 retailers inside the Republic but will not trade in Northern Ireland.

Lidl has appointed CBRE’s Dublin and Belfast offices to discover key websites in cities and towns to facilitate the expansion. Following opening its very first retailer here in 2000, it expanded rapidly and "experienced unparalleled growth throughout their lifetime in Ireland," according to the company.

As a part of the continued expansion method it says it's "looking to open further 60-plus retailers on higher profile websites with good visibility and accessibility."
Freehold properties
The best web site will be two acres in size though smaller sized plots of about a single acre will likely be deemed in higher density urban areas. There is also a preference for freehold properties to accommodate stores ranging in size from 1,800 sq m to two,400 sq m (19, 375 sq ft/25,833 sq ft).

Florence Stanley, head of retail at CBRE Dublin, mentioned that along with mounting a countrywide look for appropriate sites, they would be contacting nearby estate agents to find the very best business areas.

"It might take a whilst to fulfil our commitment but if we handle to line up 60 web sites within 3 years our client would most likely be satisfied."

While most of the existing Lidl properties have substantial parking facilities, the organization has also been in a position to avail of smaller, well-located web sites by placing the stores on stilts and using the space underneath the building for parking.

One such store is situated around the 1.14-acre former Sunday Globe site in Terenure which lately opened for business.

That web site was purchased by a residential improvement business through the property boom for €18.three million and was acquired following the crash by Lidl for greater than €4 million.
Not great news
Tara Buckley, director general from the Retail Grocery Dairy and Allied Trades Association, stated 60 discount supermarkets was not great news for Irish towns and villages.

A report by economist Jim Energy had shown that a euro spent in a locally owned shop was worth three times greater than a single spent inside a British or German chain. At the finish of the day their income go back to Germany or the UK.

Lidl’s share in the discount marketplace within the North has risen considerably over the years although surprisingly the organization has not been challenged in that industry by Aldi. That organization lately confirmed that its planned £600 million expansion in the UK - it really is to open another 550 outlets - will not consist of Northern Ireland.

Meanwhile, Tesco is still mulling over the extended delayed megastore planned for Liffey Valley Shopping Centre in west Dublin. It has denied it's to be abandoned just like 49 other supermarket projects within the UK.

Planning permission image source for the shop was granted by An Bord Plean?la in June 2016 and, in accordance with an official spokesperson, the company is "working via planning compliance with all the local authority and as such a commencement date for the development has not but been finalised".

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