Chequers
Summary
Located in the heart of Stevenage, this established Ale House enjoys a prime position close to the Old Town, benefiting from the vibrant local scene and steady footfall from the station to the football ground.
Description
The pub is renowned for its high-quality cask and keg offerings, and while it currently operates as a 100% wet-led venue, there is significant potential to introduce a food menu and expand the business into new dayparts. The surrounding area is lively, with a variety of pubs, bars, and restaurants, making it an attractive destination for those seeking a great drink with friends. The pub welcomes all, fostering a friendly and inclusive atmosphere.
This is an exceptional opportunity for an operator who is passionate about cask ales and beers, with some experience in the trade. The ideal candidate will be able to maintain the pub’s reputation for quality while growing the drinks selection and potentially adding a food offer to attract a broader customer base. The layout is welcoming, with the bar greeting guests upon entry and seating options to the left and right, including bar stools for those who prefer to enjoy a pint at the bar. With no planned refurbishment, the pub retains its authentic charm, and after 15 years under the same management, it presents a rare chance to take on a well-established business and make it your own. The successful operator will be someone who can continue the pub’s journey, build on its strengths, and unlock its full potential in a thriving community
Key facts
• Annual rent: £45,000
• Upfront cost: £25,000
• Forecasted operator turnover: £455,138
• Forecasted operator profit (inc machine): £44,998
• Type of tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List
• Machine product agreement: Unrestricted (100% to licensee)
Entry costs
Entry cost is approximately £25000 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.
Trading space
As you enter, the first thing that catches your eye is the inviting bar directly ahead. To your left and right, comfortable seating areas unfold, each arranged to encourage conversation and relaxation. If you prefer a more social atmosphere, a row of bar stools lines the counter, offering the perfect spot to enjoy a freshly poured pint while chatting with the bartender or fellow guests. The overall layout creates a welcoming ambiance, whether you’re stopping by for a quick drink or settling in for a longer visit. To the rear you will find a courtyard garden, with various seating options both covered and uncovered.
Private accommodation
The accommodation comprises 2 bedrooms, kitchen, lounge and bathroom.
Upfront cost
£25,000
Cost type:
Upfront
Key facts
Upfront cost
£25,000
Turnover (annual)
£455,138
Rent
£45,000 (annual)
Location
Stevenage, Hertfordshire
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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