Guide price

£20,000

Retail premises for sale
Meads Lane, Ilford IG3

  • EPC Rating: D

Just added
Business
Added on 28/07/2026

About this property

    General Store – Leasehold Business for Sale

    🔸Meads Lane, Seven Kings, Ilford, IG3 8QL

    ⚠️ Strictly No Approach to the Owner or Staff; All Enquiries via Century24 Ltd Only

    Century24 Ltd is delighted to offer this well-established General Store leasehold business for sale, located in a prime position on Seven Kings, Ilford.

    The property benefits from high footfall, excellent visibility, and close proximity to transport links and surrounding local businesses, all of which contribute to consistent customer traffic. The business has built a strong reputation within the local community, offering a wide range of products and services.

    Business Highlights

    * Established local business with loyal customer base
    * Grocery store, Vape & convenience, sells drinks, tobacco, confectionery
    * Additional services include Payzone
    * High-footfall location close to transport and amenities

    Key Details
    - Business Premium: £20,000 (Includes fixtures and fittings)
    - Rent: £16,200 per annum
    - Deposit: Quarterly or Six months depending on your reference
    - Tenure: 5-year renewable lease
    - Permitted Uses: A1, A2
    - Turnover: Poa
    - Business Rates: Zero (Interested parties should verify with the local authority)
    - EPC Rating: Tbc

    Additional Information

    Commission: 15% of the agreed sale price, payable by the incoming assignee upon completion

    This is an excellent opportunity to acquire a well-located and profitable convenience business with low overheads and residential accommodation included.

    📞 For further information or to arrange a viewing, please contact Century24 Ltd.

    Specialist in residential sales/lettings and commercial business or shop sales/lettings.
    Please call our departments if you require further information.

    Century24 Ltd tries to ensure the accuracy of property details produced and displayed, we have not tested any apparatus, equipment, fixtures and fittings or services so cannot verify that they are connected, in working order or fit for purpose. Neither have we had sight of the legal documents to verify the Freehold or Leasehold status of the property. Please be advised that any plans provided are to indicate the layout of the property, are not to scale and for guidance purposes only. Any interested parties are advised to obtain verification from their solicitor or surveyor.

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    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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