Councillors in Louth have given their initial approval for a new Aldi supermarket in Louth on the site of the town’s enormous derelict Malt Kiln.
The German discount giant has expressed an interest in the site which is currently home to the 120ft high building in Newbridge Hill, which has laid derelict since the late 1990s.
Speaking at the Louth Town Council meeting on Tuesday night, councillors appeared to welcome the move by Aldi.
“If it did happen it would be an excellent addition to Louth,” said Coun Andrew Leonard.
A number of councillors alluded to the town’s ‘supermarket quota’ which the new store might eat into, potentially limiting the chance of the town’s cattle market being sold off to a retailer.
“It would use a large part of the supermarket quota,” added Coun Leonard.
He added that as Aldi was a ‘discount chain’ it would not be competing with the town centre’s ‘quality retailers’.
Coun Jill Makinson-Sanders, a town and district councillor, suggested East Lindsey District Council had previously applied for some EU cash which might help with the demolition costs which are reported to be upwards of £1 million.
Aldi is holding a consultation event to seek local views on Tuesday July 9 at the Salvation Army Hall in Church Street, from 3pm to 7pm.
The retailer says it would like to submit a planning application to ELDC by the end of August and if it was approved to open the store by the end of 2014, creating up to 40 new jobs.