A Gosport fish and chip shop has been acquired after its new owner secured a six-figure finance package from HSBC UK
Lee-On-Solent Fish & Chippy, which has been part of the local community for over 20 years, has been purchased by Jun Liu, who is using the acquisition to grow his hospitality business portfolio. The funding has enabled Mr Liu to purchase his first business premises in the area, adding to his established Chinese restaurant which he leases in Havant Hampshire.
The takeover of the restaurant, which will be managed and run by the Liu family, has created one full-time job and secured the roles of the five employees who already worked at the takeaway.
Jun Liu, owner of Lee-on-Solent Fish & Chippy, said: “This has been an excellent opportunity to grow my business portfolio and my relationship manager at HSBC UK, Rico Lee, made the process incredibly smooth. It has always been a dream of mine to own my own hospitality business and HSBC UK has enabled me to do this.”
Jane Fancy, HSBC UK Area Director for Hampshire and Dorset, commented: “We’re delighted to have supported Jun and his family in purchasing their first business premises. Their hard work and dedication to the hospitality industry has paid off and we look forward to seeing their businesses continue to grow.”