Site Finder Policy

As a growing Society that is continually considering new sites and development opportunities for our Trading Groups, we actively encourage our colleagues to get involved in identifying expansion opportunities for the Midcounties Co-operative. To this end, the Society encourages colleagues to tell us about potential sites they are aware of. This policy provides the framework and processes for making such recommendations and further details how colleagues will be rewarded if the acquisition is successful.

This policy applies to all colleagues; full-time and part-time colleagues on a permanent or fixed-term contract at The Midcounties Co-operative with the exception of the Executive, Property Acquisitions Team and Property Management Team who undertake such activity as part of their role within the Society. This policy also does not apply to agency staff or contractors.

Process

For the purpose of this policy, colleagues may suggest any vacant areas of land or buildings no longer in use that could be utilised or converted as a Society Trading unit, or alternatively provide details of an independent retailer or business who may wish to sell or dispose of their business. For example colleagues could consider:

• Pubs

• Restaurants

• Plots of land

• Old disused community facilities (leisure centre, school playing field, social club, car park etc.)

• A local independent business that may be looking to sell

This list above is not exhaustive and the Society will consider all recommendations from colleagues.

Colleagues should not approach any persons at the site to discuss any interest on the Society’s behalf. If you identify a site that you believe would be suitable, you should email or write to the Property Acquisitions Team with the following information:

• Address of the site (required)