Summary - 27 CHICHESTER ROAD SOUTHEND-ON-SEA SS1 2JP
1 bed 1 bath Restaurant
Established 50-cover takeaway with strong evening trade and clear daytime growth potential..
- Verified c.£3,500 weekly turnover
- 50-cover internal seating plus al fresco areas
- All quality equipment, fixtures and fittings included
- Rent £22,000 pa; leasehold price £70,000
- 12 years remaining on lease — lenders may refuse
- Very high local crime; area classified as very deprived
- Evening-focused trade with clear daytime growth potential
- Premises frontage dated; likely requires cosmetic refurbishment
A well-positioned leasehold restaurant in a busy Essex town centre, trading as a thriving evening-focused catering/takeaway. The business currently delivers circa £3,500 weekly turnover (verified), with all quality fixtures, fittings and equipment included for immediate handover. The 50-cover internal seating and al fresco areas to front, side and rear provide a clear base for growth.
This opportunity suits an investor or owner-operator prepared to expand hours and marketing. Trading is currently limited to evenings; opening during daytime offers straightforward upside and the potential to push verified turnover significantly higher. First-floor WC facilities are in place and there is space to install a cold store if needed.
Material drawbacks are factual and important: the lease has 12 years remaining, which may limit finance options—mortgage lenders could refuse lending on this leasehold. The area records very high crime and high deprivation, which may affect staffing, insurance costs and trading risk. The premises show an older frontage and will likely need some cosmetic updating or refurbishment to maximise appeal.
Rent is £22,000 per annum. The price to acquire the leasehold interest, including equipment, is £70,000. Interested buyers should factor in lease term, local area conditions and potential refurbishment costs when assessing valuation and finance routes.
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