Tesco Express & Co-op Gidea Park Sites Up for Sale 2026

Key Points

• Two convenience stores located opposite each other on Brentwood Road in Gidea Park are among three major stores up for sale in Havering borough
• The portfolio includes four commercial units: two Co-op stores, one Tesco Express, and one Starbucks drive-thru
• The Tesco Express and Co-op sit directly opposite each other on Brentwood Road (not Gidea Park Road as sometimes referenced)
• The second Co-op store is located on Upminster Road while the Starbucks drive-thru is at Springfield Services in Chelmsford, Essex
• Offers in the region of £5.3 million are sought for the complete collection of properties
• Individual sales of the properties will also be considered according to the Rightmove listing
• The properties are situated on a main Romford road in the Havering area of East London
• This represents a significant commercial property opportunity for potential buyers in the retail sector

Gidea Park (East London Times) June 22, 2026 – Two prominent convenience stores positioned directly opposite each other on Brentwood Road in Gidea Park have been listed for sale alongside three other major retail sites in the Havering borough, marking one of the most significant commercial property opportunities in the area’s recent history.

The listing, which appeared on Rightmove, comprises a portfolio of four commercial units that includes two Co-op stores, a Tesco Express, and a Starbucks drive-thru location.

According to the property listing, offers in the region of £5.3 million are sought for the complete collection of properties, though individual sales of the properties will also be considered by the seller.

The Tesco Express and Co-op stores are situated opposite each other on Brentwood Road in what the listing describes as a main Romford road, placing them in a strategically important location for local retail traffic. The second Co-op store is located on Upminster Road, while the Starbucks outlet operates as a drive-thru facility at Springfield Services in Chelmsford, Essex, extending the portfolio’s reach beyond East London into Essex.

Why Is This Commercial Property Portfolio Significant for Havering?

The sale of these four commercial units represents a substantial commercial property transaction that could have notable implications for local retail dynamics in Havering borough.

The concentration of convenience retail stores in the Gidea Park area, particularly the Tesco Express and Co-op positioned directly opposite each other, suggests a high-demand location for convenience shopping.

The £5.3 million valuation placed on the portfolio indicates the significant commercial worth of these retail sites. Property experts typically evaluate convenience store locations based on several factors including foot traffic, residential density, accessibility, and competition levels.

The positioning of two major convenience retailers opposite each other on Brentwood Road suggests the location has proven commercial viability.

The inclusion of a Starbucks drive-thru at Springfield Services in Chelmsford demonstrates that the portfolio extends beyond the immediate Havering area, providing geographic diversification for potential buyers.

This mixed-location approach could appeal to investors seeking to spread risk across different retail markets while maintaining exposure to the strong East London convenience retail sector.

How Does the Rightmove Listing Describe the Property Portfolio?

The Rightmove listing provides specific details about the four commercial units included in the sale. According to the listing documentation, the portfolio comprises two Co-op stores, one Tesco Express, and one Starbucks drive-thru facility.

The listing explicitly states that individual sales of the properties will also be considered, offering flexibility for buyers who may not wish to purchase the entire portfolio.

The listing identifies the Tesco Express and Co-op as being situated opposite each other on Brentwood Road, emphasizing their prominent position on what is described as a main Romford road.

This location descriptor suggests the properties benefit from good road visibility and accessibility, characteristics that typically enhance commercial property value.

The second Co-op store’s location on Upminster Road provides another retail point within the Havering area, while the Starbucks drive-thru at Springfield Services in Chelmsford, Essex, extends the portfolio’s geographic reach.

This combination of locations within both East London and Essex could appeal to investors looking for diversified retail exposure across multiple geographic markets.

What Are the Implications for Local Shopping in Gidea Park?

The sale of the Tesco Express and Co-op stores on Brentwood Road could potentially affect local shopping patterns for Gidea Park residents. These convenience stores serve as important retail outlets for residents seeking quick access to everyday groceries and essential items.

The positioning of both stores opposite each other has presumably provided residents with competitive options for convenience shopping in the area.

If the properties are sold to new owners, there could be changes to store operations, branding, or management approaches.

However, the listing indicates that individual sales will be considered, which means the Tesco Express and Co-op could potentially be sold to different buyers, maintaining the current competitive arrangement on Brentwood Road.

The financial scale of the transaction, with offers sought around £5.3 million for the complete portfolio, suggests these properties represent significant commercial assets. Any potential changes to store operations would likely be subject to existing retail agreements and licensing arrangements with the respective retail brands.

Background of the Commercial Property Development in Havering

The commercial property market in Havering borough has experienced various developments over recent years, with convenience retail stores representing a significant segment of the local retail landscape.

The area around Gidea Park and Romford has long been recognized as a commercial hub within East London, benefiting from good transport connections and residential density.

The specific Brentwood Road location where the Tesco Express and Co-op are situated opposite each other represents a established convenience retail corridor.

The positioning of two major convenience retailers in direct proximity suggests the location has demonstrated sustained commercial viability through consumer demand.

The inclusion of properties in both Havering and Essex within the same portfolio reflects the interconnected nature of the retail market across these neighboring regions.

Springfield Services in Chelmsford represents a strategic location for a drive-thru coffee facility, benefiting from road traffic and commercial activity in the Essex area.

The £5.3 million valuation placed on the four-unit portfolio aligns with typical commercial property valuations for convenience retail stores in established East London locations.

Property valuations for such sites typically consider factors including lease terms, rental income, foot traffic patterns, and the commercial strength of the respective retail brands operating at each location.

The Rightmove platform’s listing of this portfolio indicates active marketing of commercial properties through major online property portals, reflecting the standard approach for commercial property sales in the current market environment.

Prediction: How This Development Can Affect Gidea Park Residents and Local Retailers

The sale of the Tesco Express and Co-op stores on Brentwood Road could affect Gidea Park residents in several ways depending on the outcome of the transaction. If the properties are sold to new owners who maintain current store operations and branding, residents may experience minimal immediate change to their shopping options.

However, if new owners decide to change store branding, operating hours, or product offerings, residents could see adjustments to their convenience shopping experience.

The possibility of individual sales being considered provides a mechanism for maintaining the current competitive arrangement on Brentwood Road.

If the Tesco Express and Co-op are sold to different buyers, the current dual-option convenience shopping situation would likely continue, preserving resident choice between the two major convenience retailers.

For local retailers in the Gidea Park area, this transaction could signal continued commercial strength in the convenience retail sector.

The substantial £5.3 million valuation suggests investors view these locations as valuable commercial assets, which could encourage further investment in the local retail infrastructure. Conversely, if new owners consolidate operations or change store formats, existing local retailers might face altered competitive conditions.

The geographic diversification of the portfolio, including properties in both Havering and Essex, suggests the seller may be a larger commercial entity with multiple retail investments.

This could indicate professional management of the properties, potentially leading to more consistent store operations and maintenance standards compared to smaller, independent owners.