July 2022

TESCO ACQUISITION

Acting on behalf of Tesco Stores, Legat Owen have acquired a new store in Bollington, Cheshire for their express format.  This follows recent openings in Chorley and Southport. 

This Bollington store was formerly an Indian restaurant which was redeveloped to provide a purpose-built Tesco Express with new restaurant premises above, keeping everyone happy and ensuring the town’s residents remained well-catered for.

It’s a really exciting time to be working with Tesco on their convenience store offering – while location is still crucial, they’re opportunity-led right now driven by their keen-ness to get deals done and more stores opened while also building a pipeline for the future. We’ve got lots ongoing and we’re hopeful we’ll have more Tesco Express openings to share with you soon!

Therefore please get in touch with James Lutton or Laura Bell McMillan if you have any sites you think might be suitable for a Tesco Express – we’re interested in roadside, neighbourhood, town/city centre or local centre sites within new housing developments, circa 4,000 sq ft or up to 0.5 acres, and will consider freehold or leasehold opportunities.