Freehold Fish and Chips Restaurant and Takeaway with Renovated Living Accommodation for Sale in Gosport, Hampshire

Offered for Sale

Ref Number: CFR-005
Asking Price: £500,000
Location: Gosport. Hampshire

Asking Price: Freehold Price of the business and accommodation: £500,000 (Leasehold Price of the business: £195,000)

Location: Elson, Gosport. Hampshire, PO12 4EQ

Turnover: circa £468,000 per annum (£9,000 per week)

Key Features

• Renovated, Long-Running Freehold Gosport Fish & Chip Shop with spacious two-bedroom maisonette above
• The business boasts a 5-star health and hygiene rating.
• Fully Fitted Premises
• Business Established with Over 25 Years of Trading
• Free unrestricted on-streetcar parking.
• Prime Location in a Busy Retail Parade
• Close to Local Amenities
• Attractive and Well-Maintained Business Premises
• Accounts Available on Request

Business Overview:

This is an exceptional opportunity to acquire a long-established and fully renovated fish and chip shop in the bustling town of Gosport, Hampshire. This thriving takeaway business offers traditional fish and chips alongside an expanded menu, including burgers and kebabs. 

The premises also benefit from a spacious two-bedroom maisonette above, providing either the owner’s accommodation or an additional rental opportunity and free unrestricted on-streetcar parking. Freehold and Leasehold both options are  iavailable for potential buyers.

The business has been under the current ownership for the past four years, during which significant improvements have been made to operations, profitability, and customer reach. Enhancements include extended opening hours, the introduction of Sunday trading, and expansion into home delivery through Just Eat, Uber Eats, Deliveroo, and a dedicated website. Additional menu items such as grilled burgers and kebabs have further increased revenue.

Growth Potential

There is ample potential for further business expansion by introducing additional offerings such as pizzas, milkshakes, and desserts. The premises provide sufficient space to accommodate this growth. Further increasing the opening hours could also maximise revenue potential.

Location & Surroundings

Situated in a busy retail parade, the business benefits from high footfall and a strong local customer base. Nearby businesses include:

• Co-op Convenience Store
• Ladies’ Hairdresser
• Chinese Takeaway
• Sandwich Bar

The premises offer free, unrestricted on-street parking, making it convenient for customers and delivery drivers alike.

Fixtures, Fittings & Investment

Significant investment has been made in both the shop and the accommodation, ensuring the business is well-equipped and attractive to potential buyers. All equipment, fixtures, and fittings are wholly owned and included in the sale price. Recent investments include:

• New grills
• New ducting ventilation system
• Two new kebab archways
• Salad bar
• Chipper and Potato Rumbler
• Renovated shopfront with 3D signage, window frosting, menu boards, and decorative walls

Accommodation

Above the shop, the two-bedroom maisonette has also undergone a complete renovation, featuring:

• New kitchen and bathroom
• Freshly painted walls throughout
• New wooden flooring and carpets
• Spacious backyard
• Large balcony
• Rear parking

Conclusion

This is a fantastic opportunity to acquire a well-established, fully renovated, and profitable fish and chip shop with a spacious living accommodation in a prime location. With further expansion potential and a loyal customer base, this business is an ideal investment for an ambitious operator looking to step into a thriving food service business.

For further details, financial information, or to arrange a viewing, please ccontact Abercorn Business Sales.  e-mail: [email protected] or telephone: 0800-246-1313

Commercial Finance:

Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.

To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: [email protected] or telephone: 0800-246-1313

Commercial Finance:
Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.

Call today on 0800-246-1313 or email at [email protected] or visit our website www.abercornbusinesssales.com

Attention Business Owners. We are always in search of quality buyers waiting for you, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Abercorn Business Brokers.