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Prime Coastal Hotel Redevelopment Site In Newquay For Sale

Newquay, Cornwall, UK
Asking Price:
£1,800,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Exceptional coastal redevelopment opportunity overlooking Porth Beach, with planning permission in place for a high-end residential scheme in one of Cornwall’s most sought-after locations.

Set within an expansive circa 1.25-acre freehold plot, this former hotel site offers a substantial existing building footprint of approximately 9,000 sq ft. Elevated above the coastline, the property enjoys uninterrupted south-west facing views across Porth Beach and out to the Atlantic Ocean, delivering a truly premium development setting.

Planning permission has been granted for the demolition of the existing structure and the construction of 10 detached dwellings, including four designated for holiday use. This presents a rare opportunity for developers to deliver a mix of luxury homes and holiday lets in a market where neighbouring properties are achieving values in excess of £1 million, highlighting the strong demand and premium positioning of the area.

Located just minutes from both Mawgan Porth and Watergate Bay, and a short drive to Newquay town centre, the site benefits from excellent accessibility while maintaining a tranquil, elevated coastal position. The existing building, with a strong EPC rating of B, also offers potential for refurbishment or reconfiguration, subject to planning, providing additional flexibility for developers.

Opportunities of this scale, with planning consent and panoramic sea views, are rarely available in Cornwall. Enquire today for further details on this outstanding development prospect.

Property Information

Property:

Freehold

Living Accommodation:

Proposed residential dwellings and holiday units.

Premises Details:

Circa 1.25-acre elevated coastal site with an existing former hotel building of approximately 9,000 sq ft footprint. South-west facing with panoramic sea views.

Planning Consent:

Full planning permission granted for demolition of existing hotel and construction of 10 detached dwellings (including 4 holiday use units).

Business Operation

Expansion Potential:

Approved scheme for 10 detached dwellings, with potential to optimise design or explore alternative schemes subject to planning.

Competition / Market:

Located in a highly desirable coastal area where premium residential properties command strong values, supported by nearby high-end developments.