Facilities

Garden
Private accommodation

A Classic Stevenage Local Reborn Through the Nest Franchise Model

The Chequers is a well‑loved Old Town Stevenage pub positioned on the historic High Street, surrounded by character buildings, a loyal residential community and steady footfall from visitors who enjoy the area’s heritage charm. It already has the foundations o...

Important Information

Agreement A 5 year Nest Pub franchise agreement
Guaranteed Income N/A
Turnover share 20.5% of Net Sales
Profit share 9%
Bonus £5,000
Annual Estimated Total Sales £462,800
Estimated Annual Franchise Retained Income £40,329
You will earn a percentage of net sales (paid weekly). In addition, you can earn up to £5,000 bonus per annum based on your audited standards and a share of the profit (paid quarterly) if your business is successful. The estimated annual franchisee retained income quoted includes profit share and 50% of the total bonus opportunity available. Earnings are uncapped and can increase or decrease dependent on franchisee performance.
Income explained You will earn a percentage of net sales (paid weekly). In addition, you can earn up to £5,000 bonus per annum based on your audited standards and a share of the profit (paid quarterly) if your business is successful. The estimated annual franchisee retained income quoted includes profit share and 50% of the total bonus opportunity available. Earnings are uncapped and can increase or decrease dependent on franchisee performance.
Entry cost of £3,000 is payable on change day. This includes legal fees and start up training costs. An extra £2,000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.
Entry Costs £3,000
The Chequers offers an inviting and practical trading layout that supports a lively, community‑driven pub. At the heart of the operation is a welcoming U‑shaped bar that naturally draws guests together and creates strong visibility for the operator across the room. The building includes a useful downstairs office, giving the franchisee space to manage day‑to‑day operations without stepping away from the flow of the business for long. Externally, the pub benefits from appealing outside seating, ideal for warm‑weather trade and casual daytime drinking. The cellar is conveniently positioned outside, making deliveries and stock management easier and more efficient. Parking directly outside the pub adds to its accessibility for customers and teams, reinforcing its role as a local hub.
Altogether, this trade space is straightforward to run, well‑suited to a high‑energy weekly rhythm of sports, events and social occasions, and perfectly aligned with the Nest model’s focus on a vibrant, wet‑led community venue.

Hannah Mills

Business Development Manager

‘As a Business Development Manager supporting our franchise business partners, I believe in transparency, openness and integrity. I enjoy working with community minded operators who pride themselves on being the heart of the community they serve, supporting them to run sustainable and successful pub businesses. Having previously worked in marketing roles across Greene King, I love supporting operators with initiatives and events that make their pubs stand out.’