Summary - PENRYN HOUSE HOTEL THE COOMBES POLPERRO LOOE PL13 2RQ
15 bed 13 bath Hotel
Established 15-bed guest house with parking, planning consent and harbour location..
15-bedroom licensed Victorian guest house, freehold
Penryn House Hotel is a substantial, characterful Victorian guest house positioned a stone’s throw from Polperro harbour. The freehold property operates successfully as a 15-bedroom licensed hotel with communal lounges, a commercial kitchen and private owners’ accommodation — an appealing live/work package in one of South Cornwall’s most visited coastal villages.
The business delivers a seasonal seven-month turnover in excess of £180,000 with strong gross margins and repeat custom, supported by year-round footfall from walkers and coastal visitors. On-site gravel parking for multiple cars and terraced gardens add rare practical value in the centre of Polperro. Full planning consent for a three-bedroom dwelling on adjacent land provides clear scope to increase capacity to 16 letting bedrooms or create a separate residential unit.
Key selling points are the village location within an Area of Outstanding Natural Beauty, the licensed restaurant/bar potential, and multi-generational living flexibility. The property has been tastefully refurbished in guest areas and benefits from very low local crime and excellent mobile signal, helping ongoing bookings and online operations.
Buyers should note material considerations: trading is strongly seasonal, the site sits in a medium flood-risk area, and the wider area records relative deprivation. Broadband speeds are average. Prospective purchasers should verify flood mitigation measures, running costs, and occupancy forecasts before committing. Overall, Penryn House presents a rare investor or lifestyle opportunity combining immediate trading, development potential and prime harbour-side location.
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