Belushi's Newquay, 35 Fore Street, Newquay, TR7 1HD

The property is set back from Fore Street and comprises a three-storey end of terrace building made of brick, featuring a pitched tiled roof. It has part-coloured weatherboard and stone elevations, along with a single-storey addition to the front and dormer windows.

Internally, the property features a ground-floor themed Sports Bar, while the upper floors offer hostel-style accommodation with 68 beds spread across 14 rooms.

Set in grounds featuring extensive clifftop trade seating areas to the rear, as well as large covered seating areas to the front.

There is an opportunity to purchase the adjoining three storey residential terrace property, which is also under the current seller’s ownership. The property consists of three bedrooms, two bathrooms, lounge, rear patio area and parking for two vehicles.

The business currently operates as a branded St Christopher's Inn and Belushi’s Sports Bar, which is open to both hostel guests and non-guests. Belushi’s is open all day to cater to guests, locals, and tourists, offering all-day dining, live sports on large HD TVs, and regular live music and DJ entertainment. In addition to a wide selection of beers, lagers, spirits, and cocktails, the food menu includes a variety of meat dishes, salads, and light snacks.

The accommodation is very popular, with demand driven by tourists and backpackers visiting Newquay and its sandy beaches, as well as a large number of surfers drawn to the area.

The hostel achieves an average bed rate from £12 - £70 per night, depending on the time of year.

Belushi’s & St Christopher’s Inn is situated just off the main town centre in a cliff top location overlooking the harbour and Towan Beach. The business is ideally located near popular bars and restaurants, offering the unique advantage of being the only hostel with direct access to the beach.

Newquay is a vibrant seaside resort on Cornwall’s Atlantic Coast, renowned as one of the UK’s most popular coastal towns. It’s famous for its golden beaches, stunning coastal views, and some of the best surfing spots in Britain.

In recent years, the opening of Newquay Airport which has connections to many parts of the UK has made Newquay more accessible and it has become a popular weekend destination.

Newquay is home to the world-famous Board-masters surf and music festival, attracting top international artists and pro surfers to its shores. Throughout the year, the town hosts a variety of events, including fish and beer festivals, open-air theatre performances, and is also known for its high-quality restaurants.

• Breakfast Room/additional bar seating area (30 covers)
• Games Area with pool table (24 seating)
• Main bar area providing central bar servery and two-section seating areas (54 covers)
• Reception Hall with reception desk and hotel guest lockers
Additional Areas:
• Beer cellar
• Ladies, gents and disabled WC’s
• Well-equipped catering kitchen with dry good store and wash-up area
• Lower Ground Floor Area – Laundry room and storage areas
• Enclosed rear storage yard

Leased on an informal basis to a third party. This area consists of a small retail shop area and changing room.

We have not been provided with a copy of the lease however understand that a rent of £20,000 per annum is received.

14 bedrooms providing a total of 68 beds, arranged on first and second floors with access from main entrance hall and separate secure 24-hour access.

• One room – Four bunk beds with en suite shower
• One room – Four bunk beds with en suite shower and bathroom
• One room – Four bunk beds only
• Four rooms – Six bunk beds with en suite showers
• Two rooms – 10 bunk beds with en suite showers
• Five rooms – private double bedrooms with en suite shower rooms

Shared bathroom on the second floor

Additional staff bedrooms consisting of:

• One double bedroom with en suite
• Two separate rooms each providing four beds and bathroom

Extensive outside seating areas overlooking Towan Beach and with panoramic cliff top sea views

• VIP Terrace area (12 seating)
• Lower rear Terrace area (70) plus covered seating area (18)
• Guest Surf-board storage room and external showers
• Large front trade area with various covered seating areas (100+) and Pizza bar area

Attached Residential Property - Chy Lowen

Freehold

(Available by separate negotiation)

Adjacent to the Property is a mid-terraced residential dwelling arranged over three floors and consisting of:

Ground Floor
• Small bedroom with a bunk bed, WC
• Kitchen/dining room with access to a rear patio

First Floor
• Double bedroom
• Living room
• Bathroom

Second Floor
• Master bedroom with en suite bathroom
• One twin room

External Areas
• There is parking to the front of the property for two vehicles
• Rear enclosed garden patio area

The accommodation is rented out via Airbnb with prices varying throughout the year. We understand during the summer lettings are £1,400-£1,800 for the week.

The business trades Sunday to Thursday 11am to 11pm and Friday and Saturday 11am to 1am.

£116,000 with effect from 1st April 2023