Green’s Dictionary of Slang

razzo n.1

[var. on SE colloq. rarzo, a red-nosed man ]

a nose.

[UK]C. Rook Hooligan Nights 40: Ourt comes bloke wiv a razzo like ’arf a boiled beetroot.
[UK]J. Curtis Gilt Kid 61: If the queer fellow tried to come any acid he would get hit right on the razzo.
[UK]P. Hoskins No Hiding Place! 191/2: Razzo. Nose .