Fish & Chip Takeaway with £15K Year Flat Income | Woolston, Southampton

Ocean Blue is a well-established fish and chip takeaway located on Portsmouth Road in Woolston, Southampton. The business benefits from a prominent high-street position with strong local footfall and a loyal customer base, reflected in its 3.9-star Google rating across 157 reviews.

The premises comprise a fully fitted ground-floor takeaway with a small seating area (under 20 covers), plus a self-contained 1-bedroom flat on the first floor currently generating £1,250 per month in rental income (£15,000 per annum). This built-in residential income almost entirely covers the lease cost, meaning the effective net rent for the commercial premises is just £100 per month — making this one of the most cost-effective food business opportunities in the Southampton area.

The business is offered for sale as a going concern with a secure leasehold until 2033, providing 7 years of tenure. The lease is assignable, and the landlord's consent for transfer will be sought as part of the sale process.

KEY HIGHLIGHTS:

• Dual-income property — 1-bedroom flat generating £15,000 per annum, covering 93% of the lease cost
• Effective net rent: just £100/month — the flat income reduces operating costs to almost nothing
• Prominent high-street location on Portsmouth Road, Woolston — established trading position with consistent local footfall
• Strong online reputation — 3.9-star Google rating with 157 verified reviews
• Secure 7-year lease — leasehold until 2033, assignable to new owner
• Fully equipped and ready to trade — all commercial kitchen equipment included in the sale price
• No staff required — ideal for an owner-operator or family-run business
• Growth potential — scope to expand the menu, introduce delivery platforms (Deliveroo, Just Eat, Uber Eats), extend trading hours, and build on the existing customer base

EQUIPMENT INCLUDED IN SALE:

• Commercial frying range with display counter
• 1x cold room
• 1x fish fridge
• 1x single upright fridge
• 1x single upright freezer
• 1x drink fridge
• Potato peeler
• Potato chipper
• Batter mixer machine
• Stainless steel prep table
• Stainless steel counter
• Double sink
• Touchscreen till system
• Kitchen touchscreen display
• CCTV camera system
• 2x electric heaters
• Microwave
• Seating area furniture (under 20 covers)

FINANCIAL SUMMARY:

• Asking price: £38,000 (all equipment included)
• Annual rent (lease): £16,200 (£1,350/month)
• Residential rental income: £15,000 per annum (£1,250/month)
• Net property cost after flat income: £1,200 per annum (£100/month)
• Tenure: Leasehold until 2033 (7 years remaining)

THE OPPORTUNITY:

This business represents an outstanding opportunity for an experienced owner-operator or a family looking to run their own food business with the security of almost fully subsidised premises. The flat income covers 93% of the lease, meaning a buyer's effective rent for a fully equipped commercial kitchen and shopfront is just £100 per month.

The premises are fully equipped and ready to trade from day one. The brand has strong local recognition with nearly 160 Google reviews and a 3.9-star rating. The 7-year lease provides long-term security, and the assignable terms make the transfer straightforward.

Under focused, dedicated management, there is significant scope to grow sales through menu expansion, delivery platform integration (Deliveroo, Just Eat, Uber Eats), extended trading hours, and targeted local marketing. The low effective rent gives a new owner exceptional margin to invest in growth.

REASON FOR SALE:

Genuine sale — the owners have other business interests requiring their full attention and are unable to dedicate the time needed to maximise this location's potential. This is a strategic decision to allow a focused operator to take the business forward.

VIEWING & CONTACT:

Viewings are available by appointment. The business is currently trading.