Looking to purchase a profitable restaurant paired with six en-suite B&B suites? This active business opportunity located in the vibrant Ferragudo centre is now available for £2,550,000. This property offers significant potential for an investor or entrepreneur keen on acquiring a successful hospitality operation. The ground floor restaurant holds a capacity of 55 diners and features a well-equipped kitchen, bar, and terrace that can increase seating for an additional 69 guests. The first floor houses six beautifully designed en-suite suites that ensure a comfortable stay for guests seeking relaxation close to the beach. Each suite is fully equipped with modern necessities, including Wifi and air-conditioning, while maintaining a charming atmosphere. With the beach just 500m away and various amenities nearby, the location could not be better for attracting both local and international clientele. This investment not only promises strong returns but also a satisfying lifestyle with the opportunity to engage with a thriving community. With a total living area of 280m² and a prime location, you will find this property to be a rare find in the Algarve region. Act swiftly, as opportunities like this do not last long on the market. Explore this investment today and reach out for a private showing!
• 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
