Somerfield has sold its distribution centre in Wellingborough, Northamptonshire to Royal & Sun Alliance for £21.4m and leased it back on a new 25 year lease.

Executive chairman John von Spreckelsen said the proceeds - plus last month’s £37.6m from a deal for another site in Merseyside to the Prudential - will be invested in the refurbishment of its Somerfield and Kwik Save fascias.

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