£75,000
(£110.53/sq. ft)
Restaurant for saleEastern Road, London E17
From 950 - 1,500 sq. ft
Business
About this property
Modern
Busy High Street Location
Almass Estates Ltd. Is thrilled to present Urban Bites, a highly popular cafe/restaurant located off the busy Eastern Road in East London. This charming property is on a 9-year lease, which is automatically renewable, offering long-term security for the new owner. With a rent of just £21,000 per annum and weekly revenue of £3,000 to £4,500, this business delivers strong, consistent income with manageable costs.
Urban Bites is unique in that it effectively operates two businesses in one. The small grill kitchen located on the front porch caters to late-night customers, while the cosy cafe/restaurant inside provides a warm, inviting atmosphere during the day. The property also holds an A3 license, allowing for food and drink service throughout the day and evening.
The shop was recently renovated, with nearly £70,000 invested by the owner to create the modern, elegant cafe it is today. The interior boasts plenty of seating space, while the front porch offers additional outdoor seating. The layout includes a bathroom for guests and a separate bathroom for staff, ensuring a comfortable environment for both patrons and employees.
Staff have access to alleyway parking for two cars, while customers benefit from ample high street parking and significant foot traffic due to the shop's prime location. Urban Bites enjoys positive Google reviews and a loyal local following, with many customers returning regularly, forming a strong community of happy clients.
With its eye-catching style and prominent location, this cafe is easy to market and has excellent potential for social media branding. The business is fully equipped and ready for a new owner to take over and continue its success.
This is an exceptional opportunity to acquire a thriving business with a well-established reputation in a vibrant part of East London.
Urban Bites is unique in that it effectively operates two businesses in one. The small grill kitchen located on the front porch caters to late-night customers, while the cosy cafe/restaurant inside provides a warm, inviting atmosphere during the day. The property also holds an A3 license, allowing for food and drink service throughout the day and evening.
The shop was recently renovated, with nearly £70,000 invested by the owner to create the modern, elegant cafe it is today. The interior boasts plenty of seating space, while the front porch offers additional outdoor seating. The layout includes a bathroom for guests and a separate bathroom for staff, ensuring a comfortable environment for both patrons and employees.
Staff have access to alleyway parking for two cars, while customers benefit from ample high street parking and significant foot traffic due to the shop's prime location. Urban Bites enjoys positive Google reviews and a loyal local following, with many customers returning regularly, forming a strong community of happy clients.
With its eye-catching style and prominent location, this cafe is easy to market and has excellent potential for social media branding. The business is fully equipped and ready for a new owner to take over and continue its success.
This is an exceptional opportunity to acquire a thriving business with a well-established reputation in a vibrant part of East London.
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