German value supermarket giant Aldi has quietly snapped up Wilko's best London addresses following the collapse of the high street staple last year.
A review of who has taken on the trio of the most prime London sites reveals Aldi bought all three.
The supermarket has recently completed a 20-year lease with CBRE Global Investors for the former circa 15,000-square-foot Wilko store at Fulham Broadway.
CoStar News understands Aldi has also signed for the former Wilko store at Unit 4 Wimbledon Bridge House in Wimbledon, comprising 14,000 square feet over ground and first floor, and has now taken the former Wilko store at 47B, Capitol Way in Colindale, north London to create a 25,000-square-foot store.
Aldi is understood to view the Fulham and Wimbledon Broadway sites as near key commuter stations with strong footfall, while it has signed for the Colindale store to ensure it can increase to a full-size format of 20,000 square feet from a 14,000-square-foot store.
All of the deals were transacted off-market by the Aldi agent for London, Stripe Street.
Founder Cormac McNabb confirmed the sites have been secured however would not comment on terms. "We identified all of these sites early and through our established relationships making sure Aldi were best placed, they are cracking sites."
GCW acted for CBRE Global Investors on Fulham Broadway, FMX acted for Schroders on Wimbledon and Morgan Williams acted for RLAM at Colindale.
Wilko, which traded from around 400 stores, called in administrators in August 2023. For a review of the Parliamentary inquiry into the collapse click here.
Many of the stores have been taken on by rivals in the value retail space such as B&M and Poundland.