Tregenna Hill, St. Ives

Exceptional Leasehold Bar & Restaurant - St Ives, Cornwall
A landmark property and turnkey business in the heart of St Ives - one of Cornwall’s most sought-after destinations.
Situated on the vibrant corner of Tregenna Hill and Gabriel Street, directly opposite the Tourist Information Centre, the property enjoys exceptional visibility and heavy footfall from nearby bus and train stations and the town’s main car parks. St Ives is celebrated for its Blue Flag beaches, harbour, boutique shopping and many national brands. The thriving art scene is home to the Tate Gallery, Barbara Hepworth Museum, and Leach Pottery. With one of Cornwall’s longest tourist seasons and over one million annual visitors, the town is a year-round destination including the popular for its New Year’s Eve celebrations.
Built in 1897 as the Cornish & Devon Bank, this Victorian landmark retains period grandeur with high ceilings, stone walls, fireplaces, and large arched windows. A comprehensive £1m renovation in 2021 restored the property using expert craftsmen, premium British materials, and many decorative antiques, blending heritage with modern style.
The Restaurant & Bar (135m² / 51 covers) is A beautifully finished, fully equipped venue known for its cocktails, wood-fired pizzas, and Sunday roasts. Highly rated on OpenTable and Google the venue had a strong visitor and local following all year-round. The main area boasts a high-end custom-built bar with granite surfaces, espresso machine & full bar equipment air-source heating and intelligent lighting create a welcoming ambience. There is an additional private dining area that can be segregated from the main restaurant.
Previous Turnover: £486,240 (year ending 31 Jan 2024) previously operated limited hours between Wednesday and Sunday the site offers significant potential to grow through extended hours and takeaway service.
Business Rates: £10,920
EPC Rating: C
Lease Details
Term: New Lease 5 or 10-year available
Rent: £36,000 per annum

Bar & Restaurant - Custom bar, granite surfaces, expresso machine, fridges, ice machine, glass washer, bar stools, tables and seating, lighting, sound system, log fire and great decor.

Kitchen - Gozne pizza oven, fryers, chillers, prep tables, extraction, oven and stainless units.

Prep Room: - Walk-in chiller, freezer, sinks, and storage.

Staff Area - WC, wash basin, and hanging space.