The Algarve Property Specialists
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Well established, successful grand café and restaurant in top location in Silves

Restaurant in Silves

ref. VM1077
2.500.000€
  • B
  • 800m2

Very popular cafe restaurant on top location in the medieval city centre of Silves ready to continue a successful business or to convert into something else with endless possibilities.

Usage
Commercial
Type
Restaurant
Town
Silves
Parish
Silves
Municipality
Silves, Faro
Region
Algarve (Central)
Construction Year
1929
Furnished
Negotiable
Usable area
300 m²
Plot Area
800 m²
Parking outdoors
Terraces, Roof Terrace
Industrial Kitchen
Log/wood burner, AC
Alarm System, Safe, Sound System, Internet
Single Glazing, Wooden Shutters
Town View, Panoramic View
• Indoor floor space 200m²
• Terrace floor space 600m²
• Close to amenities
• Top location

This well-known restaurant bar in Silves is truly an excellent business opportunity.

Location wise it doesn’t get any better than this as the property sits right in between the old Moorish castle and the 12th century cathedral in the medieval city centre of Silves.

Also, from a business point of view, this property has great future potential because it is already very popular with locals, expats and tourists and it receives a daily stream of new castle visitors who sit down to enjoy a drink, snack, lunch or dinner.

The indoor floor capacity is 200m² but it also has a total of 600m² of terrace space divided by a middle floor terrace next to the cathedral and a spectacular roof terrace with stunning views of Silves and the country side.

On the middle floor you will find the main restaurant area, plus bar, professional kitchen, office and staff room.
The top floor has a roof terrace, a bar and a pizza oven and is surrounded by a roof garden.
The bottom floor is currently used as an ice cream salon but can easily be converted into something else.

The property could continue as an already successful business or could be converted into a home, hotel or whatever. The possibilities are endless.

Amenities

• Large Terrace with view to the Cathedral
• Large roof terrace
• Professional kitchen
• Pre installed aircon
• Bar and pizza oven on roof terrace
• Fully equipped ice cream salon on bottom floor

Location

• Silves city centre
• 3km to golf course
• 10km to closest beach
• 50km to Faro airport
• Close to schools