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Hotel & Pub In Historic Cornish Coastal Town Tenancy Available

Penzance, Cornwall, UK
Asking Price:
£5,000
Turnover:
Undisclosed
Net Profit:
Undisclosed
  • Hotel and pub in historic Cornish coastal town
  • Bar/pool area
  • Restaurant/dining area
  • Function room
  • Commercial kitchen
  • 11-room letting accommodation
  • Separate detached house private accommodation
  • Beer garden and courtyard

Property Information

Property:

Tenancy

Tenancy Terms:

The Wellington Hotel is available on the basis of a 5-year (TAW initially) agreement with Red Oak Taverns.

There will be a tie for beers, ciders and lagers (free of tie for wines, spirits and non-postmix minerals).

Annual rent is quoted at £34,000.

Location:

Positioned along the scenic coastal route linking St Ives to the A30, and just a short drive from the iconic Land’s End, St Just is widely recognised as the most westerly town in mainland Britain.

The town lies within the Cornwall National Landscape (AONB) and is one of only two towns included within the CNL. The town benefits from its enviable coastal setting, surrounded by dramatic cliffs, walking routes and natural landmarks that attract outdoor enthusiasts throughout all seasons. The area is steeped in heritage, with strong ties to Cornwall’s renowned tin mining history and close proximity to several UNESCO-recognised mining sites.

The Wellington Hotel is situated at the very heart of the historic market town and enjoys a commanding position overlooking the bustling Market Square - arguably the most prominent trading spot in the town.

This high-visibility location creates a rare balance of dependable local trade and a resilient, year-round tourism market exploring West Cornwall’s rugged beauty, making the Wellington Hotel uniquely positioned for sustained commercial success.