Summary - CHY AN MOR, REGENT TERRACE TR18 4DW
1 bed 1 bath House
Live and trade beside Penzance promenade with proven annual turnover potential.
Freehold Victorian seafront townhouse with prominent parade position
Set on Regent Terrace with direct views across Mounts Bay, this substantial period townhouse has traded successfully as a guesthouse and offers a rare live-and-work seafront proposition. The property includes eight en-suite guest bedrooms (several with sea views), a guest lounge and dining room, plus versatile owners' accommodation with private living spaces. A car park for up to nine vehicles and well-stocked gardens add valuable amenity in a central promenade location.
Trading figures supplied indicate a turnover in excess of £130,000 with healthy net profitability, making this attractive to investors or buyers wanting an established hospitality income alongside owner use. The building’s Victorian character, high ceilings and prominent terrace setting deliver strong curb appeal and excellent tourist footfall in one of Cornwall’s most popular waterfront locations.
Buyers should note material constraints: the site has a high flood risk and is in a conservation-sensitive seafront setting, which may affect insurance and future alterations. Broadband speeds are very slow and mobile signal is average — factors to consider for guest expectations and remote management. The wider area shows higher deprivation indices and a local classification indicating constrained renters, which can influence long-term local demand dynamics.
Overall, this freehold property represents a compelling lifestyle and income opportunity for an operator prepared to manage coastal-site risks, update connectivity, and work within heritage and planning considerations. It suits an investor or owner-operator seeking an established seaside business with strong trading history and scope for enhancement.
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