SOLD: Freehold Restaurant Investment: 48 Westow Hill, London SE19 1RX

£350,000Freehold · Class A3 · Sold
NOW SOLD

LOCATION: – The property is situated fronting Westow Hill in the centre of Upper Norwood and in a prominent and well known position. The property directly fronts a pedestrian crossing which enhances foot flow and Westow Hill forms part of the Crystal Palace Triangle which is the main commercial centre of Upper Norwood. Westow Hill is a one-way road and a busy thoroughfare and bus route and the property is therefore highly visible. There is an extremely densely populated residential catchment surrounding Westow Hill which the property is therefore able to service. Upper Norwood is a recognized evening entertainment location with a number of bars and restaurants, including nearby Joanna’s and Tamnag Thai.

DESCRIPTION: – The property comprises a freehold investment arranged over basement, ground and three upper floors, with the upper floors sold off under a long lease. The ground floor and basement are set up as a restaurant and bar and is occupied by a well-established longstanding tenant. The property is arranged internally with the main restaurant area at ground floor together with kitchens to the rear and a basement bar/additional seating area with a small outside courtyard to the very rear. There are male and female WCs in the basement. The property is air conditioned (not tested) and operates as a well-established concept.

Download property details

Location

SE19 1RX

Contact

Message has been sent successfully.