Convenience Store for Sale in Chadwell Heath High Road, 3850 sq ft ready for operation
Chadwell Heath, London
- Status
FOR SALE
- Advert ID
648890
- Leasehold: £150,000 (Stock at valuation)
- Rent: £72,000 (£6,000 per month)
- Turnover: On request
- Profit: On request
Key Features
- Refrigeration and food preparation equipment
- Stock available for sale
- Accessible to local amenities
- Business expansion strategies
Business Details
Convenience Store, Cash & Carry For Sale On Chadwell Heath, High Road
Prime High Street Convenience Store – Lease for Sale – Chadwell Heath RM6
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: £ 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: £150,000 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
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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