Pentire Hotel in Newquay sells for undisclosed sum

A seaside hotel in Cornwall has sold for an undisclosed sum. Pentire Hotel in has been sold to Cashmere Hotels Limited after a private sale process. The 76-bedroom hotel on Pentire Avenue boasts stunning sea views over the Atlantic Ocean and has recently undergone significant investment and renovations.

The amenities include a bistro, terrace and contemporary lounge bar, as well as a conference suite with a private bar and a south facing terrace for al fresco dining. A spokesperson for Savills estate agents said the sale was completed to Cashmere Hotels following an off-market sale process with Savills acting for the vendor, who was also represented by Dominic Hollingsworth of Wollens Solicitors. James Greenslade, director of Savills Hotel Capital Markets, said, “The sale of the Pentire Hotel provides the purchaser with a well-invested hotel, with a strong trading track record.



Given the strong market fundamentals, we understandably received good levels of interest in the hotel and are delighted to have found a new owner who we are sure will continue its success.” The ground floor of the hotel also boasts a newly refurbished indoor swimming pool and spa treatment room with direct garden access. It is also 0.

3 miles from Cornwall's most renowned surfing destination, Fistral ..