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What is the price range for restaurants with outdoor terraces in Albufeira?

Restaurant in Albufeira

ref. VM1538
325.000€
  • B-
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If you’re looking for restaurants with outdoor terraces in Albufeira, this refurbished establishment is listed at a competitive price of £325,000. Located in a bustling area frequented by tourists, this property is designed to accommodate 85 diners both indoors and on the charming outdoor terrace, ideal for enjoying the beautiful Algarve weather. The establishment features modern renovations and is fully equipped for immediate operation, ensuring a smooth transition for any prospective buyer. Situated just 1.3 km away from Praia Da Oura, it enjoys consistent footfall due to its proximity to the beach and various amenities. With a longstanding presence in the area for over 30 years, the restaurant boasts a dedicated customer base that often returns. Operating hours from 8 a.m. to 2 a.m. under its business licence allow for extended trading hours, providing ample opportunity for maximising revenue. The vibrant location makes it a perfect choice for buyers seeking to attract both tourists and locals alike. This business not only has the potential for immediate income but also offers a wonderful lifestyle opportunity, being right in the heart of a lively community. Properties like these are rare to find and highly sought after; make sure you arrange a viewing today!

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   +