2 bed flat for sale

Mile End Road, London E1

**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 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: £1500,000.
- 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!