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£230,000

2 bed flat for sale
Mile End Road, London E1

    • 2 beds

    • 3 baths

    • 1 reception

  • Available immediately

Monsoon Group LTD

Logo of Monsoon Group LTD

About this property

  • Close to amenities

  • Close to public transport

Retail Premises for Sale
Newly Renovated Coffee Shop + 3-Bedroom Apartment – Only 10 Seconds from Stepney Tube Station

An exceptional opportunity to acquire a fully fitted, stylish coffee shop with a separate, newly refurbished 3-bedroom apartment in one of Stepney’s most desirable locations.

Property Overview

Type: 4-storey freehold property

Basement: Authentic pizzeria with Neapolitan stone oven, prep area & bathroom

Ground Floor: Elegant coffee shop with marble counter, coffee station & seating for 24 guests

First & Second Floors: Spacious 3-bedroom apartment, each bedroom with en-suite + modern kitchen & private terrace

Entrances: Independent access to both the coffee shop and the apartment

Key Highlights

Exclusive retail unit – the only shop in Stepney

Recently renovated with £300,000+ investment

New Lease Premium: £220,000

Rent: £12,000 per quarter (entire building)

Business Rates: Not applicable

Leasing Terms: 5 Years Left + 15 more Years

Landlady seeks a similar café/coffee shop concept

No fried food (fish & chips, fried chicken, etc.)

No alcohol sales permitted under the lease

This is a rare investment opportunity in a high-footfall area, combining a thriving commercial unit with premium residential space.

For inquiries or to arrange a viewing, please contact us today. **Investment Opportunity: Newly Renovated Coffee Shop with 2-Bedroom Flat Above**

We are pleased to present an exceptional opportunity to acquire a newly renovated coffee shop, complete with a spacious 2-bedroom flat located directly above. This prime property is situated just a mere 10 seconds from Stepney Green Tube Station, ensuring high visibility and foot traffic.

**Property Overview:**
The building consists of a four-storey freehold property, meticulously designed to maximize functionality and comfort.

**Basement Level:**
- Fully equipped pizzeria featuring an authentic Neapolitan stone oven, ideal for artisanal pizza production.
- Includes a dedicated prep area, ideal for culinary operations, as well as a convenient bathroom facility.

**Ground Floor:**
- A beautifully designed coffee shop boasting a luxurious marble counter, creating an inviting atmosphere for customers.
- Features a dedicated area for high-end coffee machines, ensuring the finest brews for coffee enthusiasts.
- Seating arrangement accommodates up to 24 guests, fostering a cozy yet vibrant social environment.

**First & Second Floors:**
- The flat encompasses two generously sized bedrooms, each equipped with an en-suite bathroom for enhanced privacy and convenience.
- A modern, fully fitted kitchen designed for both practicality and style.
- A private outdoor terrace provides a tranquil retreat for residents or guests, perfect for enjoying a morning coffee or evening relaxation.

**Separate Entrances:**
- The property offers independent access to both the coffee shop and the residential apartment, ensuring privacy for both commercial and residential functions.

**Additional Features:**
- Exclusive retail space-this is the only coffee shop in the Stepney area, enhancing its uniqueness and appeal.
- The shop has undergone a recent refurbishment with a significant investment of over £200,000, setting it apart from competitors.
- New Lease Premium: £230,000.
- Rent: £12,000 per quarter, covering the entirety of the building ( £48.000 for year )
.
- Business Rates: Not applicable, offering a straightforward financial proposition.

**Key Leasing Terms:**
- The landlady prefers a similar business concept for continuity and community engagement. Please note that fried food establishments, including fish & chips or fried chicken shops, are not permitted.
- The lease strictly prohibits alcohol sales, with no option for amendments.

This remarkable property offers a rare chance to secure a well-positioned commercial and residential space in a thriving, high-footfall area. Additionally, the premises can be adapted for various uses, including office services for any business type.

For further inquiries, detailed property insights, or to arrange a viewing, please do not hesitate to contact us. This is a rare gem that you won’t want to miss!

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Property descriptions and related information displayed on this page are marketing materials provided by - Monsoon Group LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Monsoon Group LTD for full details and further information.