Considering investing in a successful restaurant and six B&B suites in Ferragudo? This prime business opportunity includes the freehold of a well-established restaurant and a bustling bed & breakfast business that boasts spacious, en-suite bedrooms. Located in the vibrant town centre, just 500m from the beach and with picturesque views of the Arade River, this investment could provide both continuous income and growth potential. The restaurant has a seating capacity of 55, alongside an inviting terrace accommodating up to 69 guests, making it ideal for catering to tourists and locals alike. With significant renovations completed in 2018, the property is fully operational and equipped, boasting a modern kitchen, reception area, and additional storage. The locale is rich with amenities, ensuring your B&B guests enjoy a full experience of Ferragudo. This is a unique chance for buyers looking to invest in the Algarve’s thriving hospitality sector. Don't miss out on the opportunity to own this lucrative business! Contact us now to discuss this incredible offer and schedule a viewing.
• 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
