ONE of Newquay’s oldest and most popular pubs is closing down temporarily ahead of a new tenant taking over.

The Red Lion in North Quay Hill will shut for a “short period” from Friday, January 16. A closing down party will be held on the night with Daddy Long Legs.

The Red Lion is part of the Heritage pub portfolio operated by the Stonegate Group but will move to the company’s pub partner’s division.

A spokesperson for The Red Lion said: “Our last day as a managed pub will be Friday, January 16 and will be shut for a short time as the new tenant takes over. Opening date as a tenanted business to be confirmed.”

The Stonegate Group website is advertising for a new publican to take over. It states the forecast turn over per week is £30,053, guide rent per week £2,923 and turnover rent per week is £1,512.

An advert for a new publican is live on the Stonegate Group website.

The advert states: “The Red Lion is a traditional pub located at North Quay Hill, Newquay, Cornwall, and is situated close to Fistral Beach, the main surfing beach in Cornwall. It overlooks Newquay harbour, offering great water views, and is a two-minute walk from Newquay town centre.

“The interior is warm and welcoming. With cosy features like a log-burning stove, wooden bar and seating areas, all set out in an open-plan layout.

“There’s a beer garden out back, which is enclosed, a nice option in good weather. The Red Lion is locally known as a great venue for live music, which it focuses on Friday and Saturday evenings. There are games: a pool table, a dart board, and some gaming machines.

“The Red Lion is a fantastic opportunity for anyone looking to run a pub in Newquay. With its traditional interior, live music offer, and unbeatable harbour views, this pub is perfectly placed to attract both loyal locals and the steady flow of visitors who come to Cornwall year-round. This is a brilliant chance for an operator to build a thriving pub business in Cornwall.”