Run Star Pub - Chequers

Pub Overview

Nestled in the peaceful countryside just outside Hemel Hempstead, this pub offers a rare opportunity to attract a wide range of customers - from local families and countryside walkers to office workers and couples seeking a relaxing spot. The area combines the charm of rural life with easy access to a nearby town, and with over 230,000 adults within a 20- minute drive, there's significant potential to build a loyal following without facing immediate competition.

We’re making a substantial investment to transform both the inside and outside of the pub, bringing in a fresh design, new signage, and a warm, inviting ambiance. The revamped food and drink offerings will feature a full pub menu, a complete drinks range with alcohol-free options, and a dedicated coffee selection. With the added appeal of quiz nights, tastings, and special food events, this pub is primed to become a year-round destination for locals and visitors alike

The offer

The pub will offer a wide range of drinks, including lagers, cask ale, ciders, spirits, wines, some cocktails along with a great range of soft drinks and low & no options. This variety ensures the pub appeals to a broad range of consumers.

Food: A straightforward pub menu with plenty of crowd-pleasing pub classics.

Coffee: A straight-forward coffee offer will help widen the appeal of the pub towards those looking for something other than a cold drink.

Events:
The pub will offer a range of events such as gin and wine tasting. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the Old Chequers will have extensive experience in community led hospitality businesses. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.

• Investment Tenancy
• Refurbishment Planned
• Catering Kitchen
• Car Park
• Outdoor Trade
• Private Accommodation

The Old Chequers will be undergoing a refurbishment which will cover the interior and the exterior of the pub.

A full list of works and pub floor plan can be found in the ‘refurbishment details’.

• Main trading area with bar
• New Signage
• 30 internal covers
• 84 external covers
• Catering kitchen
• Large garden
• Car park

The private accommodation consists of four double bedrooms, kitchen, living room, bathroom and shower room.

Estimated Total Ingoing Costs: £194,078

Estimated Minimum Ingoing Costs: £194,078

Annual Rent: £66,310

Estimated Annual Turnover: £781,222

Deposit: £16,773

Estimated Fixtures & Fittings Value: £160,000

Estimated Stock Valuation: £14,000

Estimated Working Capital: £3,500

• Demographics Report
• Energy Performance Certificate
• Refurbishment Details