Tesco plans to convert closed pubs
Tesco is planing to cash in on pub closures by converting them to small town centre stores.
The Mail on Sunday reports that the supermarket giant has lodged hundreds of planning applications to take full advantage of the pub crisis. Currently around six pubs close for good every day.
Tesco has lodged ten applications for conversion in the last three months alone.
The paper says pubs are attractive to Tesco because they are already licensed to sell food and alcohol and so do not require a change of use application.
A spokesman told the Mail on Sunday: "It's not specifically pubs. If we put in an application, it is because that's what would benefit the community and it has got to be in the right place."
Federation of Licensed Victuallers Associations chief executive Tony Payne said: "Tesco has driven a lot of pubs into the ground with its cheap deals and now its looking to take full advantage."
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