Summary - Host Bar/Restaurant Tregenna Hill, St. Ives, Cornwall, TR26 TR26 1SE
1 bed 1 bath Restaurant
Turnkey Victorian venue with strong turnover and growth potential.
- Prime corner location opposite Tourist Information Office
Set in a prominent, high-footfall corner of St Ives conservation area, this turnkey leasehold bar/restaurant combines Victorian character with recent, high-quality refurbishment. The ground floor offers 51 covers across generous, high-ceilinged spaces with original stone features, a custom granite bar, private dining area and a fully equipped commercial kitchen including a large pizza oven and walk-in chiller.
The business produced turnover of £486,240 for the year to January 2024 and holds a 5-star food hygiene rating. Recent works completed in 2021 used quality materials and craftsmen, and environmental measures include air-source heating. With a new 5- or 10-year lease available, the site is operational and presented as a ready-to-run hospitality business in a top holiday destination.
Material considerations are straightforward: this is a leasehold sale with rent at £36,000 pa and business rates of £10,920. Current opening hours are limited by family commitments, representing clear scope to increase revenue by extending hours, adding takeaway/delivery or seasonal trading. The property sits in an area with above-average crime statistics, slow broadband and local area deprivation indicators — factors to weigh for operators who rely on digital ordering or late-night trade.
This sale will suit an investor or experienced operator seeking an established, well-equipped venue in a major Cornish tourist town, looking to grow turnover by expanding service hours and marketing. EPC C and no flood risk provide further operational reassurance.
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