Chapel Road, Ilford, IG1

Offers Over £400,000


The Famous Champs Sports Bar & Grill is now available to purchase! With the full building size of 6027 Sq Ft, 13 Screens, 250 person capacity - what more could you want to invest in? Open to see more.

**Property Ref: BRGRA**
**Enquire for Viewing Details**

Tyron Ash Real Estate are pleased to present the famous Champs Sports Bar & Grill to the market, a staple of Ilford and is THE place to watch sports in the area, with 13 screens. It is also has a late license to 3am on Fridays and Saturdays, perfect to make extra capital. With 105 seated capacity and 250 full capacity, this is a large space to have plenty of happy customers. The full building is 6027 Sq Ft in Size, so space truly is in abundance.

Key Selling Points:
- 14 year lease for sale (protected by the landlord and tenant act 1954)
- Rent Cost: £36k pa rent on a tied beer model - next rent review in 2025
- Rateable value is £24,100 – Rates payable are £7500 and council tax is £1350 yearly
- Pre Covid sales - £8-10K a week in wet and dry sales - £415K - £520K+ Yearly – Has hit highs of £16K weekly
- Has a trade kitchen, staff room with toilet/shower and a Managers Office
- Current license allows you to open from 9am everyday
- Has a 3am license on Friday and Saturdays (latest in the area), all other days until 1am
- Has a 3 bedroom flat with a shared kitchen and bathroom

Ilford is one of North East London's largest and most cosmopolitan towns. Ilford's High Road is home to the Exchange Ilford, an extensive retail centre that houses a wide selection of shops, cafes, restaurants and independent boutiques. Champs also benefits from being just a 1 minute walk from Ilford Station, which will benefit from the cross rail project (Elizabeth Line).


Price:Offers Over £400,000

Property Size:6027.00 sqft

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