Supermarket building being sold for £1.5million ahead of new store opening
Aldi has put its current supermarket in Whitehaven up for sale as building works get under way for its improved store on land at Preston Street, which was previously used as a temporary car park.
The new supermarket will replace the existing store built 30 years ago. The company had explored a number of options to deliver an improved experience at the existing site and extended the building in 2007. However, the site's constraints had limited further opportunities to extend.
The relocated Aldi food store will 'provide a much-improved shopping experience' for residents including wider aisles, customer toilets and self-check-out till options.
Existing staff will be relocated to the new store and the scheme will create 10 new jobs.
The current Aldi store, is being marketed by Lamb & Swift Commercial in Bolton, and is looking for offers in excess of £1.5million.
The building is described as benefiting from an 'extremely prominent main road position' on the edge of the town centre, with 118 Shared car parking spaces.
A spokesperson from Aldi said: 'As we work to deliver an improved store in Whitehaven, we're now marketing our existing store for use by another operator, with occupancy offered during Q1 2026, to tie in with the completion of our new store on Preston Street.'
Aldi is also building a new store on land at East Road, in Egremont, which was formerly occupied by a petrol station, workshop and car dealership.
The Whitehaven store is expected to be open by the beginning of next year and the Egremont store should be complete by mid-2026.
Aldi estimates the new stores will generate £14 million for the local economy and create a total of 50 new jobs across both sites.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Oppenheimer Remains Bullish on Costco (COST)
Costco Wholesale Corporation (NASDAQ:COST) is one of the best long term low volatility stocks to buy now. In a report released on July 17, Rupesh Parikh from Oppenheimer maintained a Buy rating on Costco Wholesale Corporation (NASDAQ:COST) and set a price target of $1,130.00. A customer in a warehouse aisles, browsing the wide range of branded and private-label products. Costco Wholesale Corporation (NASDAQ:COST) reported positive sales results for the retail month of June, with net sales experiencing an 8% growth to $26.44 billion for the five weeks ended July 6. Net sales for the first 44 weeks of the year reached $227.46 billion, reflecting an 8% hike from $210.55 billion last year. Costco Wholesale Corporation (NASDAQ:COST) operates membership-only big box warehouse club stores and is one of the most popular department stores in the US. It offers its customers elaborate offerings, including food, beverages, groceries, and more. While we acknowledge the potential of COST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Analyst Says Amazon.com (AMZN) Cloud Business Needs to Show ‘Acceleration' for Stock Outperformance
Inc (NASDAQ:AMZN) is one of the . Mark Mahaney, head of internet research at Evercore ISI, recently said Amazon needs to show further AWS growth for stock outperformance. 'The retail business is important for Inc (NASDAQ:AMZN). It's a necessary condition. I think for the stock to really outperform though, it will be the cloud business. You need to see acceleration in that in the back half of the year. I think we're going to see that. If we're wrong on that, the stock's not going to outperform from here. The retail business also needs to show this continued expansion in margins. And you know the—I know we've sort of waxed off and on and now we're off about tariff risk, but it's still there and you know, Inc (NASDAQ:AMZN) need—and Amazon's kind of the canary in the coal mine. Shoot, they may be the whole coal mine. I mean they're going to give us a read into, and we're going to be tracking pricing, for prices on products on Inc (NASDAQ:AMZN) and, you know, not these four days but as we go through the back half of the year and, you know, there is risk here.' AWS revenue jumped 16.9% year over year in the last reported quarter, while its operating income rose 22.6%. AWS has now surpassed a $100 billion annual run rate, playing a central role in helping businesses modernize infrastructure, reduce costs, and accelerate innovation. Ttatty / The market often overlooks Amazon's ads business, which is generating more than $10 billion in quarterly revenue despite being built from scratch. In the first quarter, ad revenue rose 19% from a year earlier to $13.9 billion, continuing to support overall profitability. According to some Wall Street estimates, Amazon is projected to earn $6.20 per share in 2025 and $8.95 in 2027, reflecting 44.4% earnings growth over two years. Lakehouse Global Growth Fund stated the following regarding Inc. (NASDAQ:AMZN) in its May 2025 investor letter: ' Inc. (NASDAQ:AMZN) reported a solid quarterly result with net sales up 9% year-on-year (10% in constant currency terms) to $155.7 billion and operating profit up 20% to $18.4 billion. The company's core e-commerce business remained resilient in the face of potential tariffs, with management noting they hadn't seen any material change in consumer buying behaviour as at the end of April. Amazon web services (AWS) grew 17% to $29.3 billion which was a slight deceleration from the 19% delivered last quarter. Whilst this seems disappointing at first blush, management reiterated that demand is very strong they are still capacity constrained. Artificial intelligence (AI) continues to be a key growth driver with AI workloads growing in excess of 100% year-on-year on AWS. Overall, it was a positive result, and we remain confident that the company is set to deliver many years of solid revenue growth and margin expansion.' While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
British Open 2025 prize money: Full payout from the $17 million purse at Royal Portrush
Along with the claret jug, Scottie Scheffler earned another hefty paycheck at the 153rd Open Championship. The world No. 1 added to his mind-numbing money totals with $3.1 million of the $17 million purse at Royal Portrush. He is now just shy of $100 million in official career earnings and over $19 million for the season. Here's a breakdown of the total purse from the men's final major of the season: FINISH PLAYER EARNINGS 1 Scottie Scheffler $3,100,000 2 Harris English $1,759,000 3 Chris Gotterup $1,128,000 T4 Wyndham Clark $730,667 T4 Matt Fitzpatrick $730,667 T4 Haotong Li $730,667 T7 Robert MacIntyre $451,834 T7 Xander Schauffele $451,834 T7 Rory McIlroy $451,834 T10 Bryson DeChambeau $304,650 T10 Corey Conners $304,650 T10 Brian Harman $304,650 T10 Russell Henley $304,650 T14 Rickie Fowler $240,000 T14 Nicolai Hojgaard $240,000 T16 Jesper Svensson $185,258 T16 Hideki Matsuyama $185,258 T16 Tommy Fleetwood $185,258 T16 John Parry $185,258 T16 Justin Rose $185,258 T16 Rasmus Hojgaard $185,258 T16 Tyrrell Hatton $185,258 T23 Maverick McNealy $138,040 T23 J.J. Spaun $138,040 T23 Lucas Glover $138,040 T23 Dustin Johnson $138,040 T23 Ludvig Aberg $138,040 T28 Harry Hall $119,950 T28 Oliver Lindell $119,950 T30 Daniel Berger $104,850 T30 Akshay Bhatia $104,850 T30 Keegan Bradley $104,850 T30 Kristoffer Reitan $104,850 T34 Sergio Garcia $86,517 T34 Aaron Rai $86,517 T34 Jon Rahm $86,517 T34 Justin Thomas $86,517 T34 Christiaan Bezuidenhout $86,517 T34 Lee Westwood $86,517 T40 Shane Lowry $68,340 T40 Jordan Spieth $68,340 T40 Jason Kokrak $68,340 T40 Takumi Kanaya $68,340 T40 Nathan Kimsey $68,340 T45 Matt Wallace $51,186 T45 Matthew Jordan $51,186 T45 Thomas Detry $51,186 T45 Henrik Stenson $51,186 T45 Jordan Smith $51,186 T45 Sam Burns $51,186 T45 Thriston Lawrence $51,186 T52 Adrien Saddier $44,350 T52 Sepp Straka $44,350 T52 Marc Leishman $44,350 T52 Sungjae Im $44,350 T56 Phil Mickelson $42,334 T56 Jhonattan Vegas $42,334 T56 Tony Finau $42,334 T59 Antoine Rozner $41,550 T59 Justin Leonard $41,550 T61 Dean Burmester $41,100 T61 Romaine Langasque $41,100 T63 Riki Kawamoto $40,280 T63 Andrew Novak $40,280 T63 Viktor Hovland $40,280 T63 Ryggs Johnston $40,280 T63 Francesco Molinari $40,280 68 Jacob Skov Olesen $39,400 69 Matti Schmid $39,100 70 Sebastian Soderberg $38,900 Note: Non-qualifiers after two rounds: Leading 10 professional golfers and ties $12,350; next 20 professional golfers and ties $10,300; remainder of professional golfers and ties $8,750.
