The cost of purchasing a successful restaurant with six B&B suites in Ferragudo is listed at €2,550,000. This investment not only secures the freehold of the building but also the goodwill of both businesses, which are already generating income. Positioned in a prime location overlooking the Arade River, the establishment includes a ground-floor restaurant with a capacity for 55 diners and an enchanting terrace that seats an additional 69 guests. The first floor features six en-suite suites, designed to provide comfort and convenience for guests. With the beach only 500 metres away and ample amenities nearby, the site's location is perfect for attracting both tourists and locals. This offer presents a wonderful opportunity for buyers who want to enter the hospitality market in the Algarve. Seize this chance to acquire a profitable business in a sought-after area! Get in touch with us today for further details!
• In Operation
• Living Area for suites 140m²
• Restaurant area 140m²
• Terrace area 70m²
• Seatings in total for 124 people
• 2 WC´s in Restaurant (1 Male / 1 Female)
• 6 Bedroom Suites all En-Suite
• Year of Construction 1952, Renovation 2018
• Distance to Beach 500m
• Close to Amenities
• In the Town Square
• Views of the Arade River
Investment and Business opportunity to purchase the freehold of the building as well as the goodwill of 2 businesses. Located in the town centre square on the Arade river in Ferragudo.
Ground Floor - Restaurant:
• Restaurant area - seating for 55 people
• Bar area
• Kitchen
• 2 w.c. (1 male & 1 women’s)
• 3 different “all inclusive” menu styles to suit your appetite
• Open every day from 08.00 until 22.30
First Floor – B&B Suites:
• Reception area
• 6 ensuite bedrooms (5 with showers / 1 with bath)
• All rooms have – Flat screen TV´s, Cable channels, Hairdryers, Towels, Bed linen
Extras rooms:
• Storage in cellar and attic
Outside:
• Terrace area – seating for 69 people
Amenities
• Wifi (Free for guests)
• A/C
• Alarm
Location
• 67.2km to airport
• 19m to town
• 14.9km to golf
Other Info
• Furniture included (exception of several personal items)
• €1,610 a year for terrace rent
