Newquay (A30 / Fraddon) PI, Penhale, Fraddon, St Columb Major, Cornwall, TR9 6NA

Located at Penhale Round on the outskirts of Newquay, this substantial freehold hospitality property occupies a highly visible roadside position within a busy commercial area, benefiting from excellent access to both local residents and the town’s thriving tourist market. Newquay town centre, renowned beaches and key transport links are all within easy reach.

The property features ground-floor trading area, providing approximately 160 internal covers.

Additional facilities include a fully equipped commercial kitchen, two walk-in freezers, one walk-in fridge, and cellar.

The first floor provides owner’s or staff accommodation arranged as two self-contained flats.

Externally, there is an attractive customer seating area providing approximately 56 covers, along with a small children's play area.

* Sale price is subject to VAT

The property is situated at Penhale Round on the outskirts of Newquay, one of Cornwall’s most popular and well-established coastal destinations. The site occupies a roadside position within a busy commercial area, benefiting from excellent visibility and access to both local residents and visiting tourists.

Newquay town centre lies a short distance away, offering a range of retail, leisure and hospitality amenities, alongside its renowned coastline featuring some of the UK’s most celebrated beaches, including Fistral Beach and Watergate Bay. The town is a major tourist hub, attracting significant visitor numbers throughout the year, particularly during the summer months.

The immediate area comprises a mix of retail, leisure and roadside occupiers, with nearby supermarkets, business uses and residential neighbourhoods supporting a strong and consistent local catchment. The location also benefits from good transport connectivity via the A392 and A30, providing direct access to the wider Cornwall region, while Newquay Airport offers domestic and limited international connections.

Overall, the property occupies a strategic and accessible position within a thriving coastal town, benefiting from a combination of strong year-round local demand and substantial seasonal tourism.

The internal trading area comprises a single bar and a variety of seating arrangements, providing approximately 160 restaurant covers.

The ground floor also includes the cellar and a fully equipped commercial kitchen with two walk in freezers and one walk in fridge.

The first floor offers staff or owner’s accommodation arranged across two self-contained flats. The first is a three-bedroom flat with kitchen/lounge and bathroom. The second is a one-bedroom studio flat with bathroom.

The trade fixtures and fittings are included in the purchase price. Certain items bearing corporate identity, brand name, third-party owned or on the excluded list (see “Terms of Disposal” document) may be removed from the property prior to, or shortly after, completion.

Click Here for Terms and Conditions

Boundary Plans
• Restaurant Only Disposal – The plans edged in blue are provided as a guide to Whitbread's property ownership. The boundary edged in red is the demise that will transfer as part of the freehold, long leasehold, or shorter leasehold transaction.
• Whole Site Disposal – the plans edged in red are a guide to the property’s boundary only. Please seek your own legal advice in respect to the ownership plan.
• Stacked Sites – where the restaurant sits directly below the hotel, the access from the Hotel reception will be closed off, with access directed through the main restaurant entrance.

Service Charge (excluding Whole Sites) The buyer will be expected to pay a service charge, to cover common areas and grounds maintenance and repairs on a proportional basis.

VAT - will be calculated if the property has living accommodation at 90% or 100% if not and will be added to the purchase price. If the transaction is deemed to be a Transfer of a Going Concern (TOGC), VAT will not be payable.

To the front of the restaurant is an external trading area with approximately 56 covers. There is also a small play area for the children.

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This represents a rare opportunity to acquire a fully fitted, large-scale licensed restaurant within a proven trading location.

The property offers:
- A turnkey operation, significantly reducing initial capital expenditure
- Continued use as a family dining venue, capitalising on the established layout
- Potential for alternative branded or independent concepts, subject to the necessary consents
- Scope to enhance trade through extended hours, outdoor activation, or menu repositioning

The sale is subject to TUPE - Transfer of Undertaking (Protection of Employment), all staff will transfer with the business on completion. Anonymised schedules will be available in the data room for review by qualified parties only.

Trading information is available exclusively to qualified buyers via a secure data room. Access is subject to the execution of a signed Non-Disclosure Agreement (NDA). For further details, please contact the appointed agent.

Opening times
Mon-Fri 06:30am - 11pm
Sat - Sun 07:00am - 10.30pm

The property is being sold Freehold.

Premises Licence.