Ferragudo commercial premises with restaurant space and an upper gallery are available for purchase for €925,000. The property provides 581m² in total, comprising a 408m² ground floor and a 168m² gallery. It answers the needs of buyers searching for a versatile restaurant venue in the centre of Ferragudo. The premises are located within a modern apartment building on the town’s main street. The restaurant was constructed in 2009 and is currently not operating. On the ground floor, a broad open-plan dining room offers space for a substantial customer layout. High ceilings, tall pillars and many windows create an open and welcoming interior. The upper gallery overlooks the lower dining area and contains a second dining room. This separation may be useful for private bookings, larger parties or different service periods. The front terrace provides scope for outdoor seating, subject to any required permissions. A bar connects the customer area with the large commercial kitchen. Five storage rooms support the day-to-day requirements of a food and beverage operation. Staff facilities include two bathrooms with showers and separate changing rooms. There are three customer bathrooms, including one designed for disabled access. The property is disabled friendly and connected to all mains services. Pre-installed air conditioning, double glazing and PVC windows add useful operational features. Ferragudo lies on the River Arade and retains the atmosphere of a traditional Algarve fishing town. Riverfront cafés, bars and restaurants contribute to the area’s appeal for residents and visitors. The nearest beach is approximately 400 metres away, while the nearest town amenities are around 100 metres from the premises. Praia Grande, Angrinha beach and Castelo de São João are among the nearby attractions. Faro Airport is approximately 66 kilometres away, with golf available around 4 kilometres from the property. The premises could suit an owner-managed restaurant, hospitality operator, event venue or other approved commercial use. Rental income and ROI will depend on the chosen business model, permissions, investment and market performance. Contact us today to arrange a viewing and assess this Ferragudo commercial purchase.
• Business not in operation
• Total area 581m²
• Ground floor 408m²
• Gallery 168m²
• Constructed 2009
• Nearest beach 400m
Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close-knit community of Portuguese and expats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.
Located on the ground floor of a modern apartment building on the main street in Ferragudo, this large commercial property is designed to be very open and spacious with high ceilings and tall pillars. Consisting of two floors, the ground floor has many windows and an outside terraced area with potential to expand the seating. The ground floor consists of a large open, high ceilinged dining room and 3 client wc´s, one of which is disabled. The service area consists of a bar followed by kitchen which has 5 storage rooms, 2 staff bathrooms with shower and changing rooms. On the top floor you will find the second dining room, a large gallery which overlooks the ground floor.
Amenities
• Centrally located
• 5 storage rooms
• Disabled friendly
• Close to all amenities
Location
• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m
