Acquiring a profitable restaurant with B&B suites in Ferragudo is straightforward and definitely worth considering. For €2,550,000, you could own a successful restaurant alongside six B&B suites in the vibrant heart of the town. The thriving restaurant, which seats 55 customers inside and 69 on the terrace, is a well-established venue highly frequented by both locals and visitors. The B&B aspect adds an impressive revenue stream, complimented by the comfortable en-suite accommodations featuring modern amenities for guests. Given its strategic location, only 500m from the beach, it holds strong attraction for holidaymakers. The facility operates all year round, providing you with the opportunity for continuous income. Moreover, with features like fully fitted kitchens and a welcoming reception area, you’ll be ready to hit the ground running. Investments in hospitality here are truly dynamic; take advantage of this opportunity by reaching out for further insights on this exceptional property. Schedule your appointment today and take the first step in securing your investment.
• In Operation
• Living Area for suites 140m²
• Restaurant area 140m²
• Terrace area 70m²
• Seatings in total for 124 people
• 2 WC´s in Restaurant (1 Male / 1 Female)
• 6 Bedroom Suites all En-Suite
• Year of Construction 1952, Renovation 2018
• Distance to Beach 500m
• Close to Amenities
• In the Town Square
• Views of the Arade River
Investment and Business opportunity to purchase the freehold of the building as well as the goodwill of 2 businesses. Located in the town centre square on the Arade river in Ferragudo.
Ground Floor - Restaurant:
• Restaurant area - seating for 55 people
• Bar area
• Kitchen
• 2 w.c. (1 male & 1 women’s)
• 3 different “all inclusive” menu styles to suit your appetite
• Open every day from 08.00 until 22.30
First Floor – B&B Suites:
• Reception area
• 6 ensuite bedrooms (5 with showers / 1 with bath)
• All rooms have – Flat screen TV´s, Cable channels, Hairdryers, Towels, Bed linen
Extras rooms:
• Storage in cellar and attic
Outside:
• Terrace area – seating for 69 people
Amenities
• Wifi (Free for guests)
• A/C
• Alarm
Location
• 67.2km to airport
• 19m to town
• 14.9km to golf
Other Info
• Furniture included (exception of several personal items)
• €1,610 a year for terrace rent
