Projects
Occupier Requirements
Aldi
Aldi is currently the fourth largest supermarket chain in the UK and fourth largest in Ireland. Aldi's sustained growth means they are continually expanding their property portfolio to help achieve their ever-growing goals for 2024 and beyond, which has seen growth from 600 stores in 2015 to over 1000 stores in 2024.
This strategy is underpinned by high-performing individual stores across the UK. They have ambitious acquisition and development plans and prefer to purchase freehold, town centre or edge of centre sites suitable for property development in towns with a population of 15,000 or more. They are also willing to explore all opportunities, including developer led schemes and existing or new retail units. Their investment yield profile is increasingly adding value to developments.
Ideally these sites will be located on principal roads with prominent main road frontages. Aldi prefer to purchase freehold, green field or brown field, town or edge of centre sites suitable for a new Aldi store - generally this tends to require sites of circa 1.75 acres - but they are also prepared to take leases on stores within new developments. Aldi’s standard requirement is for stores of 18 - 20,000 sq ft with 120 adjacent and dedicated car parking spaces.
MP Real Estate are retained to identify and secure new opportunities across the eastern region.
Click for a list of target towns.
Costa Coffee
Founded in London by Italian brothers Sergio and Bruno Costa in 1971, Costa Coffee is present in 41 countries around the world, with over 2,700+ coffee shops in the UK&I and 1,100+ globally. They are the fastest growing coffee shop business in the UK and are proud to be the UK’s favourite coffee shop, having been awarded “Best Branded Coffee Shop Chain in the UK and Ireland" by Allegra Strategies for eleven consecutive years.
MP Real Estate are retained to identify and secure new opportunities for drive thru's across the eastern region.
Click for a list of target towns.
Premier Inn
Premier Inn is the UK's favourite hotel brand, offering great service, value, dependability and consistency to their guests nationwide. Premier Inn is a successful hotel business, currently employing more than 38,000 people across the UK and Germany in its network of 900+ hotels.
All Premier Inn hotels in the UK are operated directly by Whitbread Plc - a FTSE100 company founded in 1742. 60% of trading Premier Inn hotels are freehold properties owned by Whitbread Plc.
MP Real Estate are retained to identify and secure new opportunities across the eastern region.
Click for a list of target towns
New Developments / Available Properties
Bishops Stortford - Stortford Fields Local Centre
New local centre - retail, café, children's day nursery, surgery, care home
Click here for more information
Cambridge - 'The Hangar', Marleigh, Newmarket Road, CB5 8AA
To Let - First Floor Offices - 6,241 sq ft (579.8 sq m).
Click here for more information
Uxbridge - Harefield Road
14,447 Sq Ft retail unit to let next to new Aldi store openng in early 2025
Click here for more information
Investment Properties
Cambridge - Jubilee Square & Marleigh Avenue
CO-OP Food store and nursery anchored retail investment for sale
Click here for more information
Investment Requirements
Joseph King Holdings
MP Real Estate is appointed as asset manager to the Joseph King Holdings property portfolio with responsibility for the development and implementation of the investment strategy.
