Located in the heart of Polperro, an unspoilt harbour village on Cornwall’s dramatic south coast, Penryn House Hotel presents a rare opportunity to acquire a highly regarded and well-established guest house with outstanding potential for lifestyle living, income generation, and further development.
Set just moments from the picturesque harbour and nestled within a wooded valley, the property enjoys a tranquil setting while benefiting from year-round footfall and strong seasonal demand. Polperro is renowned for its whitewashed cottages, narrow winding streets, and thriving tourism trade, attracting visitors from across the UK and beyond.
Property Overview
Penryn House is an attractive and substantial property, currently operating as a successful guest house with up to 13 well-presented en-suite bedrooms. The guest accommodation has been tastefully refurbished throughout, offering a comfortable and welcoming environment for visitors. Communal spaces include a charming guest lounge with a wood-burning stove, a stylishly refitted bar lounge, and a bright, spacious dining room, perfectly suited for breakfast service or evening drinks. A fully equipped commercial kitchen and supporting service areas ensure the smooth operation of the business.
Separate from the guest areas, the owners benefit from private and versatile accommodation comprising a large lounge, kitchen/breakfast room, one to two bedrooms, and a separate garden room or studio, offering flexibility for personal use or further business potential.
Externally, the property features a generously sized gravelled car park, highly valuable in the centre of Polperro, as well as a private courtyard and attractive terraced gardens. These outdoor spaces offer tranquil seating areas for both guests and owners to enjoy the peaceful valley setting.
In addition, full planning consent has been granted for the development of a three-bedroom dwelling on adjacent land. This presents a unique opportunity to increase the existing guest accommodation to 16 bedrooms or to create an additional residential unit, subject to the buyer's preference.
Business & Investment Highlights
• Seasonal (seven months) Turnover exceeding £180,000 p.a. with strong gross margins and repeat business
• Fully operational and well-reviewed hospitality business with scope to increase capacity
• Strong seasonal and year-round trading supported by the popularity of Polperro and the South Cornwall coast
• Rare chance to live and work in one of Cornwall’s most exclusive and picturesque villages
• Ideal for private hoteliers, lifestyle investors, or those seeking a relocation business with heritage and location at its core
Location
Polperro lies within a designated Area of Outstanding Natural Beauty (AONB) and is a conservation village protected from overdevelopment, ensuring its enduring appeal and charm. It forms part of the Cornish Riviera, known for its sheltered coves, cliffside walking trails (including the South West Coast Path), and historic fishing heritage.
The village enjoys strong year-round tourism, supported by a blend of boutique retailers, tea rooms, pubs, and galleries. The neighbouring town of Looe (approximately 4 miles away) offers a broader range of amenities and a mainline railway connection to Plymouth and beyond. Newquay Airport is within an hour’s drive, offering domestic and European connections.