Restaurant to Let - Norbury - £42,000 Per Annum

DESCRIPTION

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

Interested in this property?

Crown Real Estate London | Dubai

Monday to Friday:

9.00am to 7.00pm

Saturday:

10.00am to 5.00pm