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Beer Garden
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External Drinking Area
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Car Park
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Restaurant/Dining
Property details
Nestled in the peaceful countryside just outside Hemel Hempstead, the Old Chequers is perfectly positioned to attract a wide range of customers, from local families and countryside walkers to office workers and couples looking for a relaxing escape. The location offers the charm of rural life while still benefiting from proximity to a busy town, creating a strong balance of destination and repeat local trade. With over 230,000 adults within a 20-minute drive time, there is a significant opportunity to build a loyal and diverse customer base. The pub is well placed to stand out in the area, offering something more rounded and experience-led compared to typical local competition, and the refurbishment will reposition it as a go-to spot for both everyday occasions and special visits.
The pub's trading area and facilities post-refurbishment will be:
- Main trading area with a bar
- New Signage
- 30 internal covers
- 84 external covers
- Catering kitchen
- Large garden
- Car park
The private accommodation consists of four double bedrooms, a kitchen, a living room, a bathroom, and a shower room.
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Catering Kitchen
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Experienced Operator
Trading style
A £495,000 investment is planned to transform the Old Chequers into a welcoming, all-day destination with a fresh design, strong food and drink offer, and year-round appeal.
The wide catchment and varied audience profile create an opportunity to appeal to families, After-Work Socialisers, and couples seeking a quality food and drink experience in a relaxed countryside setting. The enhanced offer will help drive both daytime and evening trade, as well as repeat visits throughout the week.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Old Chequers will have extensive experience in similar hospitality businesses. They will have a clear vision for their food and drinks menu and marketing strategy, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub's next chapter.
Key financials
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Reference Number:
8M9JTW / 2303004101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£194,078.00
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Annual Rent:
£66,310.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £781,222
Annual Rent £66,310
Entry Costs:
Deposit £16,773
Estimated Fixtures & Fittings Value £160,000
Stock Valuation £14,000
Working Capital Required £3,500
Indicative entry costs £194,078
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.