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Fried Chicken and PeriPeri Takeaway for Sale in Portsmouth, Hampshire

Portsmouth, Hampshire
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Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 1
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 2
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 3
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 4
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 5
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 6
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 7
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 8
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 9
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 10
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 11
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 12
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 13
Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit Photo 14
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Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & ProfitPortsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit
  • Leasehold: £119,950 (Stock at valuation)
  • Rent: £14,400 (£1,200 per month)
  • Turnover: £442,000 (£8,500 per week)
  • Profit: On request

Key Features

  • Fixtures and fittings included
  • Gourmet fried chicken offerings
  • Front seating area
  • Fully-equipped commercial kitchen

Business Details

Portsmouth Fried chicken and PeriPeri Takeaway in the heart of the city with huge Potential & Profit

Portsmouth Peri Peri chicken and fried chicken shop

Leasehold: Asking Price £119,950 rent £1,200 per month

At a Glance

Weekly sales circa £8,000 - £9,000 (They offer NO OFFERS or PROMOTIONS)

Lots of Parking outside the store

Relied upon by the local community

Energy Rating D

A leasehold chicken shop located upon a busy main road. This business is fitted to an extremely high standard with the best equipment. A rare opportunity to acquire a longstanding and established takeaway in the heart of Portsmouth town centre, near all pubs, clubs and a huge residential area.

The site is fully staffed therefore it has huge potential to increase sales with owner operator.

This would be ideal as a family run store, or it would suit a hand’s on multi store operator.

Portsmouth is the Great Waterfront City – packed with world-class attractions, fantastic things to do and a year – round programme of events. Escapes to the UK’s only island city, to explore miles of coastline and centuries of history.

What’s more, Portsmouth is a very compact city with many great attractions and venues metres from one another.  This – twinned with the island’s flat profile  - makes it easy to walk wherever you want to go.

Amazing beaches, harbour, ferry rides and hovercraft rides.

Location:

This property is on a busy main road in Portsmouth. The site benefits from being surrounded by a huge residential area, bars, shopping area and the shop could go from strength to strength with someone that would commit the time and effort to the business as opposed to being fully staff operated. There are lots of local businesses in the area and they all complement each other.

Internal Details:

The store is equipped with all required equipment to run this chicken shop including a new Peri Peri chicken cooker, two fryers, a grill, chips fryer, chips drum, a top of the range Henny Penny warming display and walk in fridge and walk in freezer.

Table and chairs for customers that wish to sit in to eat.

External Details:

The business benefits from having parking outside.

Fixtures & Fittings:

We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

The Opportunity

This local takeaway is relied upon by the local community. This business is fitted to a high standard and is being offered on a leasehold basis. 

This site needs a new owner with a vision to take this business to being the main takeaway on the block.  It has huge potential and the possibility is there to increase sales adding an alcohol licence and increasing hours on a Friday and Saturday night when the bars are closing late.

Sales are guaranteed to increase when offering special offers and offering promotions.

Trading Information

Trading information shows average weekly sale of circa £8,000 - £9,000 plus per week.

Site is reluctantly being sold due to staffing issues. 

Trading Hours

Monday to Sunday 11:00 – 00:00

Regulatory

Take-away

Business Rates

The current owner has advised that the store benefits from 100% small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.

Viewing

No direct approach may be made to the property. For an appointment to view please contact the agent.

 

Gurnam Singh

Tel:07935966270

Email: [email protected]

Read more

Contact Agent

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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