Chapel Road, Ilford, IG1

**REF: BRGRA**
**Enquire for Viewing Details**

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: £34,500 pa rent - next rent review in Oct 2024
- Rateable value is £36,000 – Rates payable are £4321 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

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).