Tesco to go ahead with Express store despite putting site up for sale

The Tesco-owned site has been put up for sale to find a development partner
The Tesco-owned site has been put up for sale to find a development partner
  • Supermarket giant denies it has pulled out of new store in Bovingdon
  • Signs suggesting the site is up for sale are part of a ‘change in tactic’ by the Tesco chain
  • Company wants to sell the site to a developer and take up a lease on a retail unit
  • Original proposals met with opposition from residents
  • Planning consent was granted and expires in July 2016

Rumours Tesco has pulled out of constructing a new Express store in Bovingdon have been quashed by the supermarket giant.

Enquiry boards suggesting the site at the corner of the village High Street with Chesham Road is up for sale are part of a change of tactic on the grocery chain’s part.

We are delighted to have planning permission for a new store in Bovingdon and are grateful for the support local people have given our plans.

Tesco spokesman

Rather than develop the whole site under its name, Tesco is looking to sell the site as part of a deal with a developer that it would take up a lease on the retail unit, which has been granted renewed planning permission along with eight residential flats.

A Tesco spokesman said: “We are delighted to have planning permission for a new store in Bovingdon and are grateful for the support local people have given our plans. We’re looking for a development partner to help us build the scheme and provide a retail unit for us to occupy. We’re not yet in a position to confirm an opening date but we’ll be sure to keep the local community update.”

Tesco’s proposals have seen opposition from residents – its planning consent expires again in July next year.