Crown Real Estate are proud to present this excellent investment opportunity: a 5-bedroom flat with a fully operational Chinese restaurant, available together under a new 15-year lease.
This entire building is offered at £42,000 per annum with a goodwill/premium of £75,000.
Property Features
Ground Floor – Fully Running Chinese Restaurant
Spacious customer seating area with tables and chairs
Large rear section with full commercial kitchen equipment, extractor system, and storage room
WC facilities
Rear access leading to private parking for two vehicles
First & Second Floor – 5 Bedroom Flat
Can be rented out separately
Estimated rental income: approx. £24,000 per annum, based on current market rates
Location
Prime position directly opposite Norbury Train Station
Situated on Norbury’s busy high street with excellent footfall
Ideal for business visibility and steady customer flow
Key Details
Rent: £42,000 per annum / £3,500 per calendar month
Premium: £75,000
Business Rates: TBC
Lease Type: Full Repairing & Insuring (FRI)
Lease Term: 15 Years
Licence: A3/ A5 / E
Shop Size: 1151.738 square feet (107 sqm)
Building Insurance: TBC
Solicitors Fees: TBC
SUMMARY
Crown Real Estate are proud to present this excellent investment opportunity: a 5-bedroom flat with a fully operational Chinese restaurant
At Crown Lets 4u Estate Agents our independent Mortgage Advisers are experts and are here to give you tailored advice. To speak with one of our experienced Mortgage & Protection Advisers please provide the following information.