SE19 48 Westow Hill, Crystal Palace, London

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 long standing 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.

Producing just under £25,000 per annum and a gross yield in excess of 7%.

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 Joannaaas and Tamnag Thai.