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What budget should I allow for a restaurant or retail unit close to Carvoeiro beach?

Shop in Carvoeiro

ref. LE1581
4.565.321SEK
  • C
  • 5
  • 230m2

Buyers should allow €415,000 for this 230m² commercial unit close to Carvoeiro beach, before accounting for acquisition costs, professional fees, fit-out and business equipment. The premises are approximately 950 metres from the beach and are located at Vale do Milho Golf Resort. Its flexible commercial licence may suit a restaurant, shop, salon, beautician or office, subject to confirmation of the intended use. The asking price provides access to a substantial commercial space rather than a small retail kiosk. Built in 2008, the unit has never operated and remains in excellent condition. This unused status gives a purchaser scope to develop the interiors around a new brand and operating model. The property sits near the resort’s main entrance, supporting visibility for local and visiting customers. There is abundant outdoor parking for convenient access. A covered tiled terrace could be incorporated into a restaurant, café, showroom or service-based business. The ground floor is entered through large double-glazed doors. A potential serving-bar area is already identified within the main space. The kitchen has pre-installed plumbing, electricity, sockets and lighting, although a buyer should budget for appliances and final installation works. A pantry provides practical back-of-house storage. The adjoining large area can be adapted for tables, retail displays, treatment rooms or office desks. A ground-floor guest WC is included. The basement contains separate ladies and gentlemen toilets for customers. Staff facilities include two WCs, a shower room and a storeroom or office. Air conditioning is pre-installed, and the property has mains water, electricity and sewage connections. Vale do Milho golf course is immediately available as a location benefit, while Carvoeiro is approximately 2 kilometres away. Faro Airport is about 64 kilometres from the property, supporting access for international owners, staff and visitors. The commercial setting may offer rental or owner-operator potential, but returns will depend on demand, management, trading results and the final business concept. Buyers should obtain a full budget from qualified advisers and verify all planning and licensing matters before purchase. Contact us to discuss the price, expected acquisition costs and arrange a viewing.

Usage
Commercial
Type
Shop
Town
Carvoeiro
Parish
Lagoa e Carvoeiro
Municipality
Lagoa, Faro
Region
Algarve (Central)
Construction Year
2008
Rooms
4
Bathrooms
5
Living Area
230 m²
Parking outdoors
Storage Room, Basement
5 WC, 1 Bathroom
Pre-Installed AC
Double glazing
• Not in use
• Commercial area: 230m²
• Constructed in 2008 – unused – Excellent condition
• Not suitable for habitation
• On Golf Resort
• Distance to Beach: 950m

Situated close to the main entrance of Vale do Milho Golf resort, the cobblestone driveway ascends to the commercial premises, which is on the corner of the main building. There is an abundance of outdoor parking spaces.

On the ground floor level, there is a good sized tiled covered terrace and entrance via the huge double-glazed doors to the ‘Restaurant’. There is an area that could be utilised as a serving bar and there is a door to the pantry and Kitchen. The Kitchen has been pre-installed for electricity, electrical sockets and lighting, as well as plumbing. Adjacent is another entry large area with a guest WC.

An internal staircase descends to the basement level. There are two guest toilets, one for ladies and one for gentlemen. A separate area can be used for employees, where there are a further 2 WC’s and a shower room, plus a storeroom/office. This basement level also has exterior access via a staircase.

If you a wishing to start a business and want the freedom on the design, then this is a perfect chance not to be missed.

Amenities

• Double glazing
• Pre-installed: A/C, Electricity, Water and Sewage

Location

• Distance to Beach: 950m
• Dist. To Golf: 0km – Vale do Milho
• Dist. From Airport: 64km
• Dist. Nearest school: 6.8km – Noble International School
• Dist. Nearest town: 2km – Carvoeiro

Other Info

Business not operational
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