Tesco has offered Adminstore £53.7m for its 45 convenience stores which trade as Europa, Harts and Cullens.

Tesco said customers liked its Tesco Express format and the deal would bring “the Tesco shopping experience to more local neighbourhoods in Central London”.

Adminstore managing director Jitu Patel, said: “We have built a successful business and our stores are well located for delivering convenience to customers.

“Tesco's knowledge and skills will take our stores to even greater heights in the years to come.”