Asda puts car parks up for sale to pay down debts

Asda is selling off some of its supermarket car parks as it looks to pay down its mounting debt pile.
The grocery chain is understood to have launched a process to offload almost 10 acres of car parking space and nearby fields at five of its stores, The Telegraph reported.
Newsteer, which has been advising Asda on the sales, has informed potential developers that Asda has identified “surplus space” at its stores in Slough, Reading, Burgh Heath near Epsom, Tilbury in Essex and Cardiff