With its distinctive and friendly market town feel, pubs for sale in Herefordshire are likely to appeal to those attracted to the rural way of life.
As the global capital of cider production, Herefordshire will no doubt also entice pub owners with a passion for that fruity alcoholic beverage.
The West Midland’s county is tucked away on the border with Wales, yet just an hour away from Birmingham and the major motorway networks.
Here we are going to discover more about market conditions and lifestyle considerations for buying or leasing a public house in the area. If you’re new to the pub game you might want to read our take on running a pub for the first time, do you have what it takes?
These are the topics we’ll cover:
1. Herefordshire county: stifled earnings for a growing population. (But it’s not all doom and gloom!)
2. A district-by-district guide to Herefordshire.
3. A Pub Landlord Advisor summary.
4. Pubs for sale in Herefordshire: price listings.
1. Herefordshire: stifled earnings for a growing population
The economy in Herefordshire faces many challenges. One of the core issues is that, as a rural area, it has a sparsely distributed population.
That’s means when you look at the cold, hard economic figures; Herefordshire might look an unattractive place to set up a business.
Furthermore, the sparse population alone doesn’t explain why the people of Herefordshire earn less in comparison to those in most other counties. In fact, earnings here are the second lowest in Great Britain.
However, there are also reasons to be hopeful…
In the past two decades, the population of Herefordshire has increased by 14%. That’s 4% above the national average.
A large proportion of employment in Herefordshire is found within the agriculture and manufacturing industry. Yet, the food services industry is also seeing a steady growth, according to recent reports.
Herefordshire Council’s recent economic assessment records that just 10% of the local population is unemployed.
As with any county, it’s crucial to look at the economic health of specific areas within. Which is exactly what we’re going to do…
Find out more about Herefordshire’s economy and demographic make-up.
2. Herefordshire district-by-district
The Herefordshire County has a number of bustling market towns, all of which offer their own individual character.
Tourism in the county is high, overnight and day visitors spending reached £416 million for the local economy in 2009, with many looking to experience the quaint rural villages, and explore, browse, and sample traditional Herefordshire.
But let’s delve into more detail by studying some of the specific districts…
I. Ledbury: a thriving market town
Sheltered at the foot of the Malvern Hills, and to the east of the city of Hereford, is Ledbury.
Ledbury has not always been a peaceful town. Back in 1644, it was the site of Civil War skirmishes. There was a revival of the cloth and leather trades in the late 16th century which led to the further growth of prestigious houses in and around the town of Ledbury.
The town has a small service industry, with most of its working population traveling to one of the larger conurbations for work.
Ledbury’s economic health mostly depends on its thriving farming industry. Since it has a strong business sector, there is a comparatively low level of unemployment in Ledbury.
Because of its picturesque backdrop, Ledbury has managed to seduce more than its fair share of notable poets, and it’s not hard to see why.
The city, with its population of 9,900 inhabitants, is big enough to be lively and vibrant yet small enough to keep a strong sense of community intact.
In short, Ledbury is a market town with a unique feel and a good place to start off your search to buy a pub.
II. Hereford: regeneration and plenty of cider
At the heart of Herefordshire County lies Hereford, which has a population of around 55,000, making it the largest settlement in Herefordshire.
The city straddles the banks of the River Wye and is the natural centre of Herefordshire, both geographically and commercially. Over 4.7 million tourists visit the county on a yearly basis; this helps support more than 8,000 jobs in the county.
For much of the previous century, Hereford suffered somewhat from underinvestment. However, since 1998, schools, colleges, universities and hospitals have been modernised and brought up to standard.
In 2012, a 15 year project was begun to regenerate the city centre area. The project includes:
- The rebuilding of the currently disused Herefordshire and Gloucestershire canal.
- 10,000 new homes earmarked for development.
- A planned second railway station.
Significant development has already taken place to revitalise the area with new shopping and commercial centres.
The modern city of Hereford is a combination of rural manufacturing (partly supplied by the thriving apple orchards for small and large scale cider manufacturing) and city centre service industries.
Hereford has some lovely areas for establishing a pub. A thriving commercial centre combined with rural charm, makes it a place worth serious consideration.
Whether you want a country pub or a busier central location, Hereford should top your list as a prime location for pubs for sale in Herefordshire.
The city of Ross-on-Wye is located at the south east of Herefordshire, and has a bustling population of around 10,000 residents. The city also stakes its claim as being the birthplace of tourism in the county of Herefordshire.
A rise in tourism back in the early 20th century, made Ross-on-Wye one of England’s favourite destinations.
During that time, there was also an unprecedented expansion in both trade and industry which matched the impact that tourism had on the historic market town of Ross-On-Wye.
The rate of claiming any benefits in Ross-on-Wye is less than 10% as compared to the national average, which suggests that residents of this county enjoy higher salaries than the average.
The city is also known for its independent shops – indeed, if you want an identikit high street with shops which can be found in any other part of the UK – this is not the place for you.
Ross-on-Wye is a small, picturesque market town which could provide the ideal setting for someone looking to buy a pub in a charming, laidback setting.
Bromyard is a town with a population of around 4,700. The county has some fine buildings including some churches and pubs which date back to the Norman times.
There is a good reason why this town has earned the nickname of “The Town of Festivals.” The Bromyard Folk Festival is one of the largest festivals in the country, which lasts for three days each September.
The High Street is filled with privately owned cafes, shops, pubs and other small businesses.
As a town of festivals, Bromyard is rarely boring, which also makes it one of the best places to find pubs for sale in Herefordshire.
In the heart of the Herefordshire, you will find the city of Leominster which boasts of medieval black and white buildings and shops.
Leominster is a quintessential old English town, which offers a lot to keep its visitors and the locals pre-occupied.
With a population of around 12,000 people, Leominster is considered as the largest of the five towns in the Herefordshire County.
The town centre has recently become semi-pedetrianised, recreating the bustling atmosphere of a market town. And a market is still held each Friday at Corn Square.
The town has a wide variety of small shops, pubs, and cafes, making Leominster the ideal place to spend a lazy afternoon around pleasant surroundings.
It also happens to be the one reason why Leominster is considered as one of the best options when looking for pubs for sale in Herefordshire.
3. A Pub Landlord Advisor summary
Whether you would like to run a charming country pub or a quaint riverside bar, Herefordshire offers attractive options. Herefordshire is overflowing with pubs, from traditional, to contemporary and everything in between. Competition may be tough but if you get your pub marketing ideas going now, you’ll be ahead of the game.
So, whether you prefer a charming country pub, a beautiful riverside pub, or a premises in a busier town centre; Herefordshire has some promising options.
4. Pubs for Sale in Herefordshire
**Coming soon…** We will publish a list of price ranges for pubs for sale in Herefordshire…
For now click on the links below to search for pubs for sale in Herefordshire with some of the major pub companies: