The nearby town of Penryn is located to the west of Budock, pen rynn meaning the end of a point or promontory, in Cornish. Penryn Town was founded by Simon, Bishop of Exeter in 1216. The town of Penryn lies north west of the port of Falmouth, projecting into Falmouth harbour, and until recently was an active port situated at the head of a creek leading into the sheltered Carrick Roads. The town is behind the main Falmouth to Truro road.
Penryn was the location of the Glasney Theological College, which was consecrated in 1267. By the reign of Elizabeth I, Penryn was a busy town and trading port, home to ships’ captains, pirates, boat builders and exporters. At that time, Falmouth still did not exist.
By the 18th century, a large commercial centre had grown up alongside the Penryn river, with quays for coal yards and dressed granite, warehouses and business premises for merchants and chandlers. Today some of these old premises are used for different purposes, but in its heyday Penryn exported dressed granite all over the world. The Suez Canal, Gibraltar, Singapore, Buenos Aires, to name a few, all used this versatile stone in buildings, wharves and bridges.
Closer to home, it was used to construct London Bridge and the South Bank.
Nowadays, although Penryn still has its boatyards and chandlers, it is much smaller and less busy than Falmouth.