Freehold Mixed-Use Property for Sale. QUICK SALE

This rare opportunity offers a high-yielding, double-fronted commercial property in South Norwood. It includes a 575 ft² double-fronted restaurant and a spacious one-bedroom flat above.

Offered through contracted private sale, this freehold building includes an operational restaurant generating £4,500–£5,000 per week, with an estimated 65% gross profit and a wage bill of approximately £1,000 per week.

The self-contained accommodation, accessed through a rear entrance, includes:
• Fitted kitchen/diner
• 2 double bedrooms
• Bathroom with bath, sink, and toilet

Business Rates: NIL after full relief (Confirm with local authority).
Price: £430,000 (Includes freehold property, goodwill, fixtures & fittings).
Finance: Up to £300,000 (freehold) available, with potential full funding using a house or additional security—Free quote offered.

The financials:
▪ Purchase price: £430,000
▪ GDV: £500,000
▪ Annual profit: £52,250
▪ ROCE: 52%
▪ Yield: 15%

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.