Summary - Flat 1, 1 Chapel Road, ILFORD IG1 2AF
1 bed 1 bath Bar / Nightclub
Huge sports bar with late licence and central station location — short lease, cash buyers ideal.
Extremely large 6,027 sq ft multi-level bar and nightclub space
Late licence to 3am Fridays and Saturdays, high evening revenue potential
Seating 105, full capacity 250; 13 screens—sports-bar concept proven
Rent £43,500 pa; rateable value £36,000 (rates payable circa £4,321)
Only ~10–11 years remaining on lease — mortgage lenders likely to refuse
Located in a very high crime area — expect higher insurance/security costs
Electric room heaters, timber-frame with partial insulation — refurbishment needed
Close to Ilford Station (Elizabeth Line), excellent transport and fast broadband
This substantial multi-level bar and nightclub occupies 6,027 sq ft in central Ilford, laid out for sports-led hospitality with 13 screens, high ceilings and a 105-seat (250 total) capacity. The premises benefit from a late licence until 3am on Fridays and Saturdays, proven strong pre-Covid takings and close proximity (1 minute) to Ilford station and local amenities—appealing for an operator or investor seeking instant trading potential.
Important financing and condition points are clear: only around 10–11 years remain on the lease, which will likely prevent mortgage lending and reduces long-term security for some buyers. The unit is electrically heated with room heaters, has timber-frame walls with assumed partial insulation, and is located in a very high crime area—factors that affect operating costs, insurance and refurbishment budgets.
Operational positives include an active late licence, a trade kitchen, staff room with toilet/shower, manager’s office, and a three-bedroom flat on site. Rent is £43,500 per annum; rateable value c. £36,000 (rates payable £4,321). Sellers state strong historic weekly sales (pre-Covid £8–10k typical; peaks much higher), indicating upside for a new operator willing to stabilise turnover.
This property suits investors or experienced leisure operators who can buy as a business or convert use (change of use option open to negotiation). Buyers must factor in lease-renewal risk, potential lender refusal, refurbishment and higher local security costs. For a cash buyer or a buyer able to secure specialist lending, the large footprint and central transport links offer clear redevelopment or trading potential.
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