Restaurants in St Agnes available for sale
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Restaurants for Sale near St Agnes, UK

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Restaurants for Sale Within 10 miles of the St Agnes, UK

More details for The Crescent, Newquay - Retail for Sale

Walkabout - The Crescent

Newquay, TR7 1DS

  • Retail for Sale
  • £1,250,000
  • 11,230 sq ft

Newquay Retail for Sale

Freehold. The property is for sale freehold with a guide of £1,250,000 (we understand the property is elected for VAT which may apply subject to the type of sale agreed). Please seek independent advice if required. Freehold title CL61501. We understand that TUPE regulations will apply in the event of a Transfer of a Going Concern purchase. Description The Walkabout is a detached building arranged over lower ground, ground and first floors. The property is a former cinema which has been extensively refitted for bar and restaurant use and is of mainly brick construction with part brick, rendered and timber clad elevations beneath a pitched roof. To the side is an external tiered beer garden laid out to provide seating for customers with beach views. Access to the lower ground floor is gained via the external terrace and the upper ground floor is accessed from The Crescent. Viewings All viewings must be arranged strictly by appointment with the sole selling agent Savills and under no circumstances should any direct approach be made to any of the staff. Internal Description Lower Ground Floor: The lower ground floor provides a trading area with seating for around 32 customers and additional standing areas at the bar. There is an open kitchen servery with trade kitchen beyond. The lower ground floor also has ladies’, gentlemen’s and accessible WCs. The lower ground floor is completed by a large cellar and a range of back of house areas. Upper Ground Floor: The upper ground floor area comprises a long linear bar servery, is open plan throughout with a raised stage and several raised trading areas. One of these raised areas overlooks Towan Beach. There are also ladies’, gentlemen’s and accessible WCs. There is seating for around 120 customers and, in addition, large standing areas. There is a DJ booth on one of the raised areas. First Floor: Stairs at upper ground floor level lead to the first floor where there is staff living accommodation comprising four bedrooms, three bath/shower rooms, boiler room, laundry room, manager’s office, resident’s kitchen and living room. We are advised that this area has a HMO licence for seven people. External Areas The property benefits from external customer areas some of which have views over the beach. Local information Newquay is the most populated town in Cornwall and is situated approximately 82 miles west of Exeter and 18 miles north east of St Austell. The area is well serviced by public transport with Newquay Station providing regular services connecting Cornish Main Line to Penzance and seasonal to London. The Walkabout occupies a prominent position on Crescent Lane close to the junction of Beach Road with Newquay Station 0.6 miles to the east. The property is surrounded by a mix of commercial (mainly retail and hospitality uses), residential and leisure; nearby occupiers including The Dead Famous and Saltshed's Bar & Bistro. The Blue Reef Aquarium is situated on the sea wall below and to the right of Walkabout. There are a variety of beach huts and concessions also below Walkabout adjacent to the beach.

Contact:

Savills

Property Subtype:

Restaurant

Date on Market:

20/05/2026
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FAQs About Restaurants For Sale in St Agnes

See All Restaurants For Sale
How many restaurants are currently available for sale in St Agnes?
There are currently 0 restaurant properties available for sale. Sizes range from to , with an average size of.
How much does restaurant property cost in St Agnes?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, trading potential, fit-out quality, size and local demand.
What factors influence restaurant property values?
Location, footfall, visibility, accessibility, seating capacity, kitchen facilities, extraction systems and trading history can all influence value. Properties with established fit-outs or strong trading locations may attract additional buyer interest.
What sizes of restaurant property are available?
Available properties range from to , with an average size of. Opportunities may suit independent operators, expanding hospitality businesses and larger restaurant groups.
What should I consider before buying a restaurant property?
Important considerations include location, customer footfall, visibility, kitchen specification, extraction systems, storage space, licensing requirements, accessibility and future operating costs. Buyers should also assess the property's suitability for their concept and target market.
Can I buy a fully fitted restaurant?
Some restaurant properties are sold with an existing fit-out, including kitchen equipment, extraction systems, seating areas and customer facilities. Others may require refurbishment or a complete reconfiguration before opening.
Do restaurant properties require specific licences?
Depending on the intended operation, licences may be required for alcohol sales, late-night trading or entertainment. Buyers should verify existing licences and understand any local authority requirements before completing a purchase.
Can I change the use of a restaurant property?
Many restaurant properties fall within Use Class E, which may allow flexibility between restaurant, café, retail, office and other commercial uses. However, any proposed change should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review planning permissions, licences, title documents, building condition reports, environmental matters and any existing operational infrastructure. Professional legal and surveying advice is recommended before proceeding.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance, refurbishment works and any upgrades required to meet operational or regulatory standards.
Can restaurant properties be attractive investments?
Restaurant properties can generate income through occupational leases and may benefit from strong locations with consistent customer demand. As with any investment, buyers should assess tenant quality, lease terms, local market conditions and long-term growth prospects.

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