Fish and Chip Shop for Sale in Hayling Island Hampshire with 3-Bed Flat Above
Hayling Island, HampshireEst. 20 years
- Status
FOR SALE
- Advert ID
655010
- Leasehold: £249,950 (Stock at valuation)
- Rent: £10,500 (£875 per month)
- Turnover: £574,000 (£11,038 per week)
- Profit: £74,262 (ROI 29.71% • Payback 3.37 years)
Key Features
- Repeat business from delivery platforms
- Requires cosmetic renovation
- Residential customer base
- Scope for advertising and promotions
Business Details
Fish and Chip Shop for Sale Hayling Island Hampshire
Traditional Fish and Chip Shop of over 20 years
Traditional menu, Cod, Haddock, Huss, Place, Pies, Burgers, Sausages.
Established loyal local customers as well as seasonal trade
In addition to the shop, includes 3 bedroom flat over shop, double garage, two room chalet, and a linked secure dry goods storage room.
Entirely staff run with exceptional team
Key highlights:
- EDITDA of £74,262 has an ROI of 30% - strong ROI, significantly out performing most passive investments.
- Long lease (25 years from 01.01.24) not auto increasing and historically low rental area.
- Low rent 10,500 PA incls all of above - Reviews are 5 years, next review Jan 2029
- Significant customer base contact list already built for renewed marketing campaigns
- High efficiency range. the key operations asset, is two years old (£45,093.60 new)
- Transferable long POS till license to Sept 2027 (saving £1198 annual fee)
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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.
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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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