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HEREFORDSHIRE - RENOWNED ‘BLACK & WHITE’ VILLAGE CENTRE RESTAURANT WITH SEPARATE OWNERS' HOME
Portland Street, Weobley, Hereford, Herefordshire, HR4 8SB
Ref: 92121
Asking Price
£495,000
Freehold
Key Features
Location
The village of Weobley is surely one of the UK’s most iconic traditional medieval villages, much photographed, and being the principal destination on the renowned Herefordshire ‘Black & White Village Trail’. It is an ancient settlement, formerly a market town, with a traditional village square upon which Jules Restaurant is located.
The property offered for sale comprises two separate buildings. It is Grade II Listed and dates back to the 17th Century. It has a wealth of period charm and character and in addition to the main restaurant there is an excellent illuminated and heated external trade area which expands the dining capacity. There is also an under-utilised first floor where there are five bedrooms, two of which are currently arranged for bed & breakfast. Subject to planning and investment this would comfortably provide four en suite letting bedrooms. A feature of the property is the converted grain store “Portland Cottage” which provides an excellent Airbnb.
Jules has been in the same owners hands for 41 years and, despite its excellent reputation, still offers a new purchaser scope for development. The property is briefly described as follows:
The property offered for sale comprises two separate buildings. It is Grade II Listed and dates back to the 17th Century. It has a wealth of period charm and character and in addition to the main restaurant there is an excellent illuminated and heated external trade area which expands the dining capacity. There is also an under-utilised first floor where there are five bedrooms, two of which are currently arranged for bed & breakfast. Subject to planning and investment this would comfortably provide four en suite letting bedrooms. A feature of the property is the converted grain store “Portland Cottage” which provides an excellent Airbnb.
Jules has been in the same owners hands for 41 years and, despite its excellent reputation, still offers a new purchaser scope for development. The property is briefly described as follows:
Property
TRADE AREAS
GROUND FLOOR: L-shaped DINING AREA arranged around a CENTRAL SERVERY having panelled front and canopy over. The dining area has bespoke ‘booth’ style seating providing intimate dining facilities for up to 32 covers. The room has boarded floor throughout and a feature stone fireplace with cast iron log burner. Part beamed ceiling and walls, with roughcast plastered walls in addition. CUSTOMER TOILET.
Inner hallway to spacious, comprehensively equipped CATERING KITCHENS with an extensive selection of stainless steel work surfaces and catering effects including a ten section ceiling fitted galvanised extraction canopy. The main catering area has Altro nonslip flooring and fully UPVC panelled walls throughout. Very well equipped PASTRY KITCHEN with original ‘black & tan’ quarry tiled floor. DRY STORE with built-in COLD ROOM. UTILITY ROOM.
PORTLAND COTTAGE - AIRBNB
Portland Cottage is a separate, detached dwelling. It is an ‘upside down’ house which at first floor has an open plan KITCHEN, DINING ROOM and LOUNGE having boarded floor throughout. There are modern fitted kitchen units and space for a dining area. The room has a feature vaulted ceiling and double patio door access on to a veranda. Ground Floor: BEDROOM ONE (small double). BEDROOM TWO (double) with fitted wardrobes. Family BATHROOM having suite of wash basin, WC, bath and separate shower.
The cottage is currently listed on Airbnb and has a 4.75 star rating.
OWNERS ACCOMMODATION
Located at first floor and arranged as follows: feature domestic LOUNGE with beamed ceiling, BEDROOM ONE of double size (currently utilised as an office), BEDROOM TWO: the master bedroom with EN SUITE SHOWER. Separate FAMILY BATHROOM with a suite of wash hand basin, wc and shower. Two further DOUBLE SIZE ROOMS which were previously bedrooms and are now utilised purely for storage.
EXTERNAL
To the rear is an excellent terraced illuminated and heated TRADE GARDEN. Upper Section: PATIO utilised for additional diners with seating for 16 which is covered beneath an oak framed arbour with roof. The lower section is laid to lawn with mature borders and shrubs etc.
Large OUTBUILDING with MICRO-BREWERY from which our clients brew beer under the brand ‘The Weobley Brewery Company’ (the Brewery equipment and brand are not included in the sale).
GROUND FLOOR: L-shaped DINING AREA arranged around a CENTRAL SERVERY having panelled front and canopy over. The dining area has bespoke ‘booth’ style seating providing intimate dining facilities for up to 32 covers. The room has boarded floor throughout and a feature stone fireplace with cast iron log burner. Part beamed ceiling and walls, with roughcast plastered walls in addition. CUSTOMER TOILET.
Inner hallway to spacious, comprehensively equipped CATERING KITCHENS with an extensive selection of stainless steel work surfaces and catering effects including a ten section ceiling fitted galvanised extraction canopy. The main catering area has Altro nonslip flooring and fully UPVC panelled walls throughout. Very well equipped PASTRY KITCHEN with original ‘black & tan’ quarry tiled floor. DRY STORE with built-in COLD ROOM. UTILITY ROOM.
PORTLAND COTTAGE - AIRBNB
Portland Cottage is a separate, detached dwelling. It is an ‘upside down’ house which at first floor has an open plan KITCHEN, DINING ROOM and LOUNGE having boarded floor throughout. There are modern fitted kitchen units and space for a dining area. The room has a feature vaulted ceiling and double patio door access on to a veranda. Ground Floor: BEDROOM ONE (small double). BEDROOM TWO (double) with fitted wardrobes. Family BATHROOM having suite of wash basin, WC, bath and separate shower.
The cottage is currently listed on Airbnb and has a 4.75 star rating.
OWNERS ACCOMMODATION
Located at first floor and arranged as follows: feature domestic LOUNGE with beamed ceiling, BEDROOM ONE of double size (currently utilised as an office), BEDROOM TWO: the master bedroom with EN SUITE SHOWER. Separate FAMILY BATHROOM with a suite of wash hand basin, wc and shower. Two further DOUBLE SIZE ROOMS which were previously bedrooms and are now utilised purely for storage.
EXTERNAL
To the rear is an excellent terraced illuminated and heated TRADE GARDEN. Upper Section: PATIO utilised for additional diners with seating for 16 which is covered beneath an oak framed arbour with roof. The lower section is laid to lawn with mature borders and shrubs etc.
Large OUTBUILDING with MICRO-BREWERY from which our clients brew beer under the brand ‘The Weobley Brewery Company’ (the Brewery equipment and brand are not included in the sale).
The Business
Our clients purchased the business in 1984, since when Jules has become an iconic dining venue, operated 09:30 to 15:00 and 18:00 to close Tuesday to Saturday. Accounts for the year ended 31 October 2019 (the last before the Covid Pandemic) show takings net of VAT of £139,126. The subsequent two years trading, affected by closures due to the Pandemic, show turnover net of VAT of £120,876 and £119,621 respectively. A gross profit of 65% is achieved.
Tenure
FREEHOLD £495,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Licence
A full Premises Licence is held.
Services
All mains services are connected
Gas fired central heating.
Local Authority: Herefordshire Council.
Gas fired central heating.
Local Authority: Herefordshire Council.