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

£2,000,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Hotel

Key features

  • 37 Ensuite letting bedrooms
  • Restaurant & Bar
  • Function facilities
  • Leisure Club
  • Attractive grounds with large car park
  • EPC Rating C
  • Christie & Co Ref: 3440694

Description

Description

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 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.

Location

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.

Internal Details

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.

Fixtures & Fittings

Trade fixtures and fittings are included in the sale.

Leisure

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.

Letting Accommodation

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

External Details

The hotels grounds extend to approximately 2.9 acres and include an area of woodland and lawned terrace areas.

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.

Owner's Accommodation

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.

Staff

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

Trading Information

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

Business Rates

Rateable value with effect from April 2026 £56,500.

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

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

NEAREST STATIONS

National Rail

Penmere Station

0.37 miles

National Rail

Falmouth Town Station

1.13 miles

National Rail

Falmouth Docks Station

1.56 miles

About Christie Owen & Davies Ltd, Hotels

Christie Owen & Davies Ltd, Hotels

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

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Disclaimer - Property reference 3440694-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie Owen & Davies Ltd, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.