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Our Summary
- 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
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Description
The property is a convenience store located on a prime high street in Chadwell Heath (RM6) with a spacious 3,850 sq ft retail space. It is fully stocked and operational, and benefits from strong footfall. The property features a large retail space, a rear alley for deliveries and parking, CCTV and an alarm system, an office, kitchen and two bathrooms, and two cold rooms with storage facilities.
The store is currently renting for £72,000 per year on a 20-year renewable lease with a rent review every five years.