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.
Council Tax Band: TBC
For further information on this property please call 020 3286 8432 or e-mail [email protected]
