Prime High Street Convenience Store – Lease for Sale – Chadwell Heath RM6
Letting details
- Let available date:
- 01/05/2026
- Let type:
- Long term
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- £72,000 annual rent (quarterly)
- Former Tesco store (20+ years)
- Fully trading and stocked
- 3,850 sq ft retail space
- 20-year renewable lease
- £180,000 goodwill for lease reassignment
- EPC rating C
- Rear access, CCTV, office, kitchen, 2 bathrooms & 2 cold rooms
- Additional route to start Alchoal sales
Description
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: £ pending
• 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: £180,000 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.
Brochures
Full DetailsCouncil WeblinkEnergy Performance Certificates
Energy Performance CertificatePrime High Street Convenience Store – Lease for Sale – Chadwell Heath RM6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chadwell Heath Station0.2 miles
- Goodmayes Station1.0 miles
- Seven Kings Station1.6 miles
Notes
Disclaimer - Property reference 12848807. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Chase, Ilford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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