Penmere Manor Hotel, Mongleath Road, Falmouth, Cornwall, TR11 4PN

The hotel occupies a Grade II listed Georgian manor, originally built around 1825 by a captain of the Cornish Packet Service, giving the property a deep historical connection to Falmouth’s seafaring heritage. The building has benefitted from a number of more modern extensions including an additional bedroom wing and the leisure club.

Today, Penmere Manor operates as a welcoming, independently run hotel offering 37 well‑appointed en‑suite rooms, bar & restaurant, leisure facilities including a gym, indoor swimming pool and sauna.

The business is successful in its own right however does offer a new owner plentiful opportunities for growth. Upside opportunities could include growing occupancy during the off season, encouraging non-resident use of the restaurant, further developing the events side of the business and possibly further development of additional facilities within the extensive grounds, subject to achieving planning consent. The current owners also choose to close the hotel for two weeks over profitable Christmas and New Year period.

The present proprietors have owned the business since 2008 and are selling in in order to retire.

Penmere presents as a superb opportunity to acquire a long established hotel in one of Cornwall's most popular towns.

Penmere Manor Hotel sits within just under three acres of peaceful gardens and woodlands on Mongleath Road, about a mile from Falmouth’s historic harbour. Its setting offers a sense of seclusion while still placing guests close to the town’s vibrant atmosphere. Major attractions such as the National Maritime Museum Cornwall and Pendennis Castle, and convenient links like Penmere Railway Station are less than a mile away.

Its location makes it a comfortable and strategic base for exploring Cornwall. Falmouth itself boasts one of the world’s largest natural harbours and is known for its coastal scenery, sailing culture, and creative community. From Penmere Manor, visitors can easily reach walking routes, beaches, cultural sites, and the wider region, including Truro, Helston and Redruth, all within a short drive. The surroundings offer a blend of tranquillity and accessibility, making the hotel well positioned for both leisure and business stays. Falmouth boasts a number of popular sandy beaches which are all easily accessible from Penmere Manor, including Gyllyngvase Beach, Swanpool Beach, Castle Beach & Maenporth Beach.

The main entrance opens into the hotel’s reception area, which includes administration offices located to the rear.

Food & Beverage
The Manor Restaurant accommodates up to 80 guests, while the Manor Bar provides seating for an additional 24. The Terrace Lounge, overlooking the front terrace, offers a comfortable setting for up to 30 guests.

Conferences & Events
The Passingham Suite offers seating for up to 30 people, and the smaller, more intimate Boardroom can accommodate up to 12.

Trade fixtures and fittings are included in the sale.

The Leisure Club at Penmere Manor provides a relaxing space for guests to unwind, featuring an indoor swimming pool, gym, sauna and spa bath.

The club benefits from around 120 non-resident members.

Accommodation at Penmere Manor combines historic character with modern comfort, offering 37 well‑appointed en‑suite bedrooms.

The hotels grounds are generous and include an area of woodland and lawned terrace areas. Please note a small area of woodland is excluded from the sale.

There is a car park which provides parking for approximately 50 vehicles and a further parking area outside the hotel reception for seven. There is also an additional staff car park to the rear of the hotel.

Adjacent to the hotel grounds and held on a separate title deed is a detached three-bedroom residential house. This is not included in the headline asking price, but could be available to purchase for an additional £600,000.

Within the hotel there is an additional ensuite bedroom which is currently used by staff as our client's live off site.

The business is overseen by an owner operator with day to day operations handled by a team of staff.

Accounts for the financial year ending March 2025 show a net turnover of £1,150,437.

Rateable value as of April 2026 £56,500