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Beer Garden
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External Drinking Area
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Car Park
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Coastal
Property details
The Red Lion Inn in Newlyn is a charming, historic pub located on Fore Street. The building dates from the 18th century, constructed of granite with a slate roof, and is Grade II listed. Its façade is L-shaped, and the interior features a split-level bar, lower-level slate flooring and a mixture of granite, brick and other stone. Newlyn itself is a small fishing town in west Cornwall, on the shore of Mount’s Bay, closely linked with Penzance. It has a population of around 4,400. The community leans older, typical of many coastal Cornish towns, and retains a strong fishing-port identity. The surroundings of the pub are quintessentially Cornish: Fore Street is part of a tight-knit seaside village, with narrow granite buildings, local shops and a vibrant harbour just a short walk away.
The outlet operates as a single-bar venue with a full catering kitchen. On entering, guests are greeted by a centrally positioned bar that serves all areas of the pub. To the right is a dedicated sports area featuring a pool table, darts oche, wall-mounted TV, and jukebox, ideal for teams and casual drinkers alike. To the left is the first seating area and bar counter, leading up to a higher-level section with an additional servery and more seating. Food is available throughout the premises.
The pub offers outstanding views over Newlyn Harbour from its front windows. An alleyway at the rear leads to the ladies’ and gents’ toilets, with a courtyard opposite housing the trade kitchen. Behind the pub is a two-tiered terraced garden with picnic benches and further harbour views. A public car park located beside and behind the property ensures easy access for visitors.
The private accommodation consists of two double bedrooms, a lounge, a kitchen, an office and a bathroom. In addition to this, there is also an en-suite bedsit above the cellar at the other side of the pub courtyard.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
Trading style
The pub is predominantly wet-led with a great range of lagers, cider and ales. A full range of wines, spirits and soft drinks is available. The pub has a locally sourced food offer, making the most of the local fishing heritage and is especially famous for the Crab dishes!
The ideal licensee of The Red Lion in Newlyn will have a warm, steady presence who knows every regular’s favourite pint and every visitor’s name by the time they leave. They need to balance tradition with creativity, keeping the pub’s heritage alive while welcoming fresh ideas that reflect the spirit of the Cornish coast. Their hospitality feels effortless: a calm smile during busy nights, a thoughtful chat on quiet afternoons, and a deep respect for community. They will need to champion local produce, support local artists, and make the pub feel like a trusted anchor in all weather, a place where everyone feels genuinely at home. Serving great food and keeping great ale is a must.
Key financials
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Reference Number:
IU3WDL / P04145
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£13,000.00
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Annual Rent:
£30,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual Rent:£30,000
Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £5,000
Stock: £3,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: £10,000, funding options may be available for the right licensee.
Tie: All drink categories are tied. For fully funded licensees on long-term agreements, the landlords offer free-of-tie options for certain drinks categories in exchange for an annual fee.