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17 August 2018 | Restaurants

Vegan & vegetarian American style restaurant in Mile End on the market

90° Melt, an American vegetarian restaurant in Mile End, East London has come to the market through specialist business property adviser, Christie & Co.

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Fully fitted with a modern design, the 1,180 sq ft site provides seated dining space for up to 36 covers, a food service area and rear prep kitchen. Sitting close to Stepney Green Underground station and a parade of shops and bars, the restaurant is ideally located to capitalise on the busy footfall to the area.

Serving a themed menu with classic American-inspired brunch, lunch and dinner, the business also caters to the growing demand for vegetarian and vegan food, building a strong reputation for its unique offering. Fully fitted and licensed for alcohol sale, 90° Melt is equipped to be taken on by a first time buyer or an experienced operator to begin operating with minimal need for capital spend. There is further opportunity for a new owner to grow the business through expanding trading hours and introducing a takeaway service.

Current owner Nidhi Sharma is looking to sell the business in order to take a step back from the operational side and have more free time now that she is planning to start a family. She comments, “90° MELT is a rapidly growing business in a growing and on-trend segment of the London restaurant space with its vegan focus. With its great reviews, strong social media presence and a cult following, it is positioned to be the go-to vegan and veggie restaurant in the London area, and presents a great opportunity."

Stewart Harkness, Associate Director at Christie & Co who is handling the sale comments, “90° Melt offers the opportunity to take on a well-established business in a trendy, desirable area of London – its unique offering proves to be popular, but a change of offering would also be an option for a new owner looking to put their own stamp on it. There is still plenty of scope to develop the business through utilising the site’s modern design and fit out or increasing current offering and trade by opening longer hours.”

Christie & Co is seeking offers of £95,000 for the leasehold interest.