The owners of St Ives Brewery and The Sloop Inn, advised by Savills, have acquired the Falcon Hotel, the Brendon Arms, and the Old Lifeboat House in Bude for an undisclosed sum. The sale marks an exciting new chapter for the historic establishments, ensuring their continued place at the heart of the community.
For generations, these businesses have been family run, and the new owners are dedicated to maintaining that tradition. As a family-owned company, they recognise the importance of preserving the unique character, history, and community spirit that have made these venues so special. The new owners, working closely with the existing managers and staff, are committed to maintaining the high standards and welcoming atmosphere that have long made these venues beloved by locals and visitors alike.
“We are honoured to build on the strong foundations laid by the Brendon family,” said Esteban Cesan, who oversees the company’s growing Cornish hospitality portfolio. “The Brendon family has set an exceptional standard in hospitality, creating a warm and welcoming environment that has made the Falcon Hotel and Brendon Arms beloved by so many. Their dedication, hard work, and passion for service have made these establishments the heart of the community, and we aim to uphold and build upon that legacy.”
Wayne Thilwind, one of the new owners, also expressed his deep connection to the region, noting, “My family originates from Cornwall, and it is incredibly meaningful for me to be part of this next chapter. We want to ensure that these establishments remain at the heart of the local community, with a commitment to exceptional service.”
The transaction was successfully facilitated by Savills Hotel Capital Markets, Exeter.
Harriet Fuller, Associate Director, Savills Hotel Capital Markets, says, “This sale represented a rare opportunity to acquire the freeholds of these well-located assets, each with a strong historic trading track record and clear potential for future growth. Alongside Stephens Scown Solicitors, Murrell Associates and Stephen Page Partners, we are pleased to have secured a buyer who intends to keep the picturesque portfolio under family ownership, building upon the legacy established by the Brendon family.”
This acquisition represents a long-term investment in Cornwall’s hospitality sector, with a focus on maintaining tradition while embracing opportunities for growth and improvement. Guests can expect the same warm welcome. The Warmest Welcome in the West.
