The cost of this refurbished restaurant with outdoor seating in Albufeira is €240,000. Located just 1.3 km from Praia Da Oura beach, this successful establishment can accommodate over 85 patrons, offering both indoor and outdoor dining options. Its prime location on the vibrant 'Strip' attracts a steady stream of foot traffic, making it a popular choice amongst locals and holidaymakers alike.
Spanning 80m², the restaurant is fully equipped and ready for operation, making it an ideal opportunity for buyers seeking to invest without the hassle of extensive renovations. The spacious outdoor terrace is a significant feature, allowing for an enjoyable al fresco dining experience, which is highly sought after in the Algarve region.
The interior has been carefully updated with modern furnishings and facilities, ensuring every guest enjoys a comfortable experience. The restaurant is licensed to operate from 8 a.m. to 2 a.m. throughout the year, providing flexibility for various dining services, from breakfast to late-night dining.
Furthermore, the kitchen is equipped with essential appliances, including a gas oven and double fryers, making it easy to deliver high-quality cuisine. Located close to all local amenities, the restaurant benefits from its surroundings, ensuring convenience for both staff and customers.
Investing in this restaurant not only secures a profitable business but also offers a chance to enjoy life in one of the Algarve's most beautiful areas. For further details and to schedule a viewing, reach out to us today!
• Restaurant Area 80m²
• Sunny Outdoor Terraces
• Year of Construction 1990, Recently Refurbished
• In High Tourist Area
• Seating for 85 people
• Fully equipped ready to trade
• 1.3 km to the nearest beach of Praia Da Oura
This highly successful bar has been trading with the same owner for over 30 years with return clientele and families.
It is situated in the prime location of the famous 'Strip' of Albufeira just 1.2 km to the beach and within the town, close to all amenities.
The whole restaurant has been refurbished and painted with new seating and tables throughout. The whole front opens up with sliding doors and windows.
The bar has a licence to trade 8 a.m. until 2 a.m. daily all year round.
All furnishings and equipment are included in the price.
The business consists of:
• 80m² restaurant
• Sunny outdoor terrace
• Seating inside for 35 and outside for 50
• 20m² kitchen fully equipped with Zannusi gas oven and 4 ring hob, double chip fryer - gas 2 x 10 litres, gas BBQ grill, huge gas griddle, one upright fridge and one long fridge, stainless steel counters, double sink and drainage area + staff hand sink.
• Spiral staircase down to 2 x double garage storage including staff room with WC and shower.
• 1000 litre water storage tank and water softener + the beer cooler is here as well as the 'motor' for the long bar fridge so less heat generated upstairs.
• Main restaurant with bar area and 2 WC with own wash basins.
• Fire alarm system.
• Fully licensed from 8am to 2am
Location
• 1.3 km to the nearest beach of Praia Da Oura
• Walking distance to all amenities and beach
• 4 km to the nearest golf course at Balaia
• 34.5 km to Faro international airport
• 3.2 km to the nearest school
