The owners of St Ives Brewery and The Sloop Inn have acquired the Falcon Hotel, the Brendon Arms and the Old Lifeboat House in Cornwall for an undisclosed sum.
The businesses have been family-run for generations and the new owners intend to work closely with the existing managers and staff to preserve the character, history and community spirit of the venues.
Esteban Cesan, who has purchased the hospitality venues, said: “We are honoured to build on the strong foundations laid by the Brendon family. 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.”
Harriet Fuller, associate director at Savills hotel capital markets, which acted for the purchaser on the transaction, said: “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.”
