Newquay’s Belushi’s Bar & Hostel Up for Sale at £1.85M
Popular venue with panoramic sea views, live sports, and hostel accommodation hits the market
One of Newquay’s most recognisable venues, Belushi’s Bar & St Christopher’s Inn Hostel, has been listed for sale with offers in excess of £1.85 million. Located on Fore Street, the bar and accommodation business boasts panoramic views over Towan Beach, making it a prime opportunity for investors looking to tap into Newquay’s vibrant tourism and nightlife economy.
A Landmark Venue in Newquay
Belushi’s has built a strong reputation as a go-to spot for live sports, music, and great food. Its extensive indoor and outdoor trading areas offer clifftop seating, making it one of the best places in town to enjoy a drink while watching the sunset over the Atlantic.
The bar is popular among locals, tourists, and backpackers, serving an all-day menu that includes a variety of burgers, beers, spirits, and cocktails. It also doubles as a live entertainment venue, with DJs and music events running throughout the year.
Hostel Accommodation with 68 Beds
Above the bar, the St Christopher’s Inn hostel provides 68 beds across 14 rooms, catering to budget travellers and surf enthusiasts. The hostel’s affordable rates – ranging from £12 to £70 per night – make it a sought-after stay for those visiting Newquay’s beaches and surf hotspots.
The sale also includes the option to purchase an adjoining three-storey residential property, which is currently operated as a holiday rental through Airbnb.
Strong Business Performance
Belushi’s has maintained a strong financial performance, with annual turnover figures of £1.16 million (excluding VAT) as of March 2024. The trade is split across:
- Bar sales: 48%
- Food sales: 28%
- Room sales: 23%
- Other sales: 1%
The venue currently operates from 11am to 11pm Sunday-Thursday and 11am to 1am on weekends, making the most of Newquay’s bustling nightlife scene.
A Unique Investment Opportunity
With Newquay’s popularity continuing to grow, this listing presents a rare opportunity to acquire a thriving business in one of Cornwall’s most sought-after locations. The town’s booming tourism sector, combined with easy access via Newquay Airport, makes Belushi’s an attractive proposition for investors looking to capitalise on the area’s year-round appeal.
For those interested in expanding or entering Newquay’s hospitality market, this well-established venue is ready to go, offering both immediate trading potential and long-term growth opportunities.
🔗 View the full listing on Rightmove here: Rightmove – Belushi’s Newquay
Would you be interested in taking over one of Newquay’s most iconic bars? Let us know your thoughts in the comments!
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