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What features make this restaurant in Albufeira ideal for buyers?

Restaurant in Albufeira

ref. VM1538
2.672.804CNY
  • B-
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Several features make this Albufeira restaurant an outstanding choice for prospective buyers. Priced at €395,000, this refurbished restaurant is strategically located within close proximity to the beach, just 1.3 km from Praia Da Oura. With an area of 80m², the establishment can accommodate over 85 guests, with charming outdoor terraces ideal for soaking up the sun. The restaurant comes fully equipped, ready for immediate operation, which is an appealing aspect for buyers looking for a hassle-free start. It includes a modern kitchen with high-quality equipment, ensuring a smooth workflow in culinary operations. Established in a sought-after tourist area, this venue has a track record of appealing to locals and tourists alike, generating repeat clientele. The bar licence permits year-round trading from 8 a.m. to 2 a.m., presenting lucrative opportunities. It’s also close to golf courses and various local amenities, enhancing the overall investment appeal. With such an established history of success and vibrant location, this restaurant is undoubtedly a fantastic business opportunity. Act quickly and reach out for more information about how to arrange a viewing!

Usage
Commercial
Type
Restaurant
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
1990
Renovation Year
2019
Rooms
1
Usable area
80 m²
Fully Fitted, Fully Equipped
Basement
AC
All mains
• 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
Enquire Now   +