It’s mysterious, but it seems that the Olive Branch, one of Wanstead’s popular coffee shops, is up for sale. An advert posted at Christie & Co describes the cafe as offering a “prime location in an affluent area”, with “good day and night footfall”, a “covered pavement area with seats”, and with “scope to improve trade”. The quoted price for the lease is Â£95,000, though it’s not stated how long this has to run.
There would be plenty of people in Wanstead who would be sorry to see the end of the Olive Branch, if that’s what this advert portends. It’s especially appreciated for being roomy and capable of accommodating families. But competition has seriously increased in the past year with Wanstead’s new Starbucks being rarely less than buzzing.
Any more information welcome at wansteadium[at]googlemail.com or via comments below.