Retail premises for sale

Mile End Road, London E1

Investment Opportunity: Renovated Coffee Shop and Pizzeria with Residential Accommodation

We are delighted to offer an exceptional opportunity to acquire a newly renovated coffee shop and pizzeria, complete with a spacious residential flat above. Ideally located just 10 seconds from Stepney Green Tube Station, this freehold property benefits from excellent visibility, strong footfall, and a highly desirable location.

Property Overview
This well-presented four-storey freehold building has been thoughtfully designed to combine successful commercial use with comfortable residential living.

Basement Level:

Fully equipped pizzeria featuring an authentic Neapolitan stone oven

Dedicated food preparation area suitable for professional kitchen operations

Bathroom facility

Ground Floor:

Stylish coffee shop with a high-quality marble counter

Designated space for premium coffee machines

Seating capacity for up to 24 customers, creating a welcoming and sociable atmosphere

First and Second Floors (Residential):

Currently arranged as three brand-new en-suite rooms

Separate living room with its own en-suite bathroom

Modern, fully fitted kitchen

Private outdoor terrace, ideal for relaxation

Access:

Separate entrances for the commercial premises and the residential accommodation, ensuring privacy and flexibility of use

Additional Features:

The only coffee shop in the immediate Stepney area, offering a unique retail presence

Recently refurbished to a high standard with an investment exceeding £300,000

New lease premium: £180,000 (empty unit)

Rent: £12,000 per quarter (£48,000 per annum) for the entire building

No business rates payable

Key Lease Conditions:

The landlord requires a similar business concept to maintain continuity within the community

Fried food businesses, including fish and chips or fried chicken, are not permitted

Alcohol sales are strictly prohibited, with no option to amend the lease

This is a rare opportunity to secure a high-quality commercial and residential property in a thriving, high-footfall location. The premises may also be suitable for alternative uses, such as office or service-based businesses, subject to approval.

Location