The investment cost for a successful restaurant and B&B in Ferragudo is set at €2,550,000, offering a unique chance to acquire a thriving business with substantial potential. This property includes a well-established restaurant with a seating capacity for 124 diners and six en-suite B&B suites, positioned perfectly in the bustling town centre square. Clear views of the Arade river further enhance its charm, making it an enticing prospect for both guests and investors.
Encompassing a total area of 280 square metres, the restaurant features a fully equipped kitchen, bar area, and expansive outdoor terrace. Each suite is thoughtfully designed with modern amenities, ensuring a comfortable stay for guests. The restaurant utilizes three diverse menu styles to cater to a wide range of tastes, operating daily from 08:00 to 22:30.
With a distance of just 500 metres to the beach and convenient access to local amenities, the location is ideal for attracting both tourist and local clientele. The investment not only includes the freehold of the building but also the goodwill of the existing business, making it a complete package for any potential buyer. This is an unmissable opportunity for investors looking to tap into the lucrative hospitality market.
If you are interested in this unique investment, please reach out to us today for more information or to schedule a viewing!
• 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
