Commercial property for sale in London, England

Bar / nightclub for sale

Bar / nightclub for sale
For Sale
London, GB
Chapel Road, Ilford, IG1
560 m²
commercial
2026-04-19

Price

€270,000

€482.14 / m²

Description

**REF: BRGRA** **Enquire for Viewing Details** There is an Option of Change of Use and is Open To Negotiation! 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: - 11 year lease for sale (protected by the landlord and tenant act 1954) - Rent Cost: £43,500 per annum - Rateable value is £36,000 – Rates payable are £4321 - Pre Covid sales - £8-10K a week in wet and dry sales - £415K - £520K+ Yearly – Has hit highs of £16K weekly - Council Tax: £1625 per annum - 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 Area: 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). Energy Performance Certificates EPC 1

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Est. Monthly Payment

910.66

Commercial property for sale in London, England - N2383257