Excellent opportunity to acquire a fully trading convenience store in a prime high street location in Chadwell Heath (RM6).

Previously operated as a Tesco store for over 20 years, this well-established retail unit benefits from strong footfall, a spacious layout, and significant future growth potential.

The business is fully stocked and operational, ready for immediate takeover. The large retail space offers excellent scope to introduce additional revenue streams such as a butcher counter, hot food takeaway, money transfer or currency exchange, and expanded retail services, making this a strong long-term investment opportunity.

Key Information:

• Prime high street location – Chadwell Heath RM6
• Established convenience store (formerly Tesco for 20+ years)
• Fully trading and stocked – ready to operate
• 3,850 sq ft retail space
• 20-year renewable lease
• Rent review every 5 years
• Annual rent: £72,000
• Deposit: £36,000
• Rent paid quarterly
• EPC Rating: C
• Rear alley for deliveries and parking
• CCTV and alarm system installed
• Office, kitchen and 2 bathrooms
• 2 cold rooms and storage facilities

Price & Terms:

• Goodwill: £200,000 for lease reassignment
• Buyer to pay legal expenses
• Serious enquiries only

Business Potential:

• Butchers section
• Hot food counter/takeaway
• Money transfer/currency exchange
• Off licence and expanded retail offering
• Strong long-term growth opportunity

This is a rare opportunity to secure a large, established retail unit in a busy high street location with excellent development potential and a long-term lease. For further details or to arrange a viewing, please contact Edward Chase.