Featured Brokers
CONFIDENTIAL
FOR SALE
638044
FPH1028 / Rightbiz
Virtual Freehold Opportunity – Two Businesses in One Deal
Fish & Chips & Restaurant – Not far from Hitchin, Hertfordshire
Asking Price: £450,000 (both units together) including Stock
Key Highlights
• Two adjoining businesses included in the sale:
• • Established Fish & Chip Shop – weekly sales £8,000–£9,000
• • Brand New Restaurant Unit – fully refurbished with £150k fit-out, 50–60 covers,
ready to launch as kebab, chicken & chips, grill, or other dining concept
• Virtual Freehold (Long Leasehold) – 31 years remaining, renewable to 157 years
• Peppercorn Rent – just £50 per unit per year (£4/month)
• No Business Rates currently payable
• Low overheads – Fish & Chips electricity appx £400/month
• No direct kebab, chicken, or Indian takeaway competition nearby (nearest kebab ~25
min walk, Indian ~10–12 min walk)
• Combined trading potential: £20k weekly turnover
The Opportunity
A rare chance to acquire two fully fitted adjoining takeaway/restaurant units on a busy
residential parade not far from Hitchin, Hertfordshire.
Our businesses in a parade - post office, pharmacy, convenience store, Chinese takeaway.
The Fish & Chips shop is already trading strongly (£8k–£9k weekly) with clear growth
potential via deliveries and extended hours.
The Restaurant unit (50–60 seats) has just been fully refurbished at a cost of £150,000 and
is ready to launch immediately.
This package offers buyers the benefit of two businesses for one price, with long-term
ownership security and almost no rent liability.
Investor Potential
For investors, these two units also present a strong rental opportunity. Based on local
comparables, the combined rental income achievable is estimated at £31,000–£38,000 per
year. At the asking price of £450,000, this equates to a gross yield of 7–8%, with the added
benefit of owning a virtual freehold interest on peppercorn rent.
Lease & Tenure
• Original Lease Length: 37 years
• Remaining: 31 years
• Renewable to 157 years (effectively a virtual freehold)
• Rent: £50 per unit, per year (peppercorn rent)Asking Price
£450,000 (for both units together)
Includes: Fish & Chips goodwill, restaurant fit-out, fixtures & fittings, and long leasehold
interests.
Why Invest?
• Acquire two businesses in one deal
• Virtually rent-free ownership → maximise profit
• Established turnover plus brand-new restaurant ready to trade
• No immediate kebab, chicken or Indian competition nearby
• Strong rental potential for passive investors (£31k–£38k pa)
• Virtual freehold lease offering security & long-term value
Important Notes:
- Finder’s Fee applies once an offer is accepted
- Non-refundable deposit required to secure the purchase
- Proof of funds may be requested
- Buyer and seller to cover their own legal fees
- Buyer responsible for the landlord’s legal fee
(All information has been provided by the seller and is subject to verification.)
Please contact Bal 07399815289 (Fast Property Hub).
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'Freehold Fish & Chips Shop & Restaurant – Two Businesses in One – Near Hitchin – £450k (Virtual FH) - FPH1028 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.