Investing in a commercial property with a restaurant and guest suites has never been easier, thanks to this unique offering in Ferragudo. Winning over customers with its prime location and successful operation, this property includes a bustling restaurant on the ground floor alongside six en-suite B&B suites on the first floor. Situated in the heart of Ferragudo, only 500 metres from the beach, this commercial venture presents an exciting opportunity for savvy investors.
To start, the total investment for this property is €2,550,000, which encompasses the freehold of the building and includes all business goodwill. The restaurant impresses with seating for 124, bar facilities, and a modern kitchen setup, ensuring it remains competitive in the local dining scene. The B&B suites are fully furnished and equipped to provide a delightful experience for guests, each featuring flat-screen TVs and cosy decor.
This investment offers a dual revenue stream, leveraging both food and lodging, ideal for maximising return on investment. With tourist footfall increasing in this picturesque town, potential buyers can expect not only immediate operational income but also robust long-term growth in property value. Given the restaurant's operational history and positive reputation, this opportunity is well-suited for individuals or groups aiming to thrive in the hospitality sector.
For more information on the investment process and to explore this impressive property further, contact us now!
• 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
