A licensed restaurant for sale near Praia da Oura is available in Albufeira for €240,000. This refurbished business is positioned on the famous Strip, approximately 1.3 kilometres from Praia da Oura beach. It is fully equipped, ready to trade and licensed for daily opening from 8am until 2am. The restaurant has been run by the same owner for more than 30 years. Its returning families, local patrons and holiday visitors create an established customer base. The premises provide around 80 square metres of restaurant and bar space. Indoor seating is available for 35 guests. Sunny outdoor terraces add capacity for a further 50 customers. The total seating arrangement therefore accommodates up to 85 people. The openable frontage uses sliding doors and windows to connect the interior with the terrace areas. A dedicated 20 square metre kitchen supports a range of restaurant menus. It is equipped with a Zanussi gas oven, four-ring hob, double chip fryer and gas barbecue. A large gas griddle, refrigeration, stainless-steel counters and washing facilities are also included. Two toilets with individual wash basins serve the main restaurant. Below the business, two double garages offer valuable storage space. The lower level includes a staff room with a WC and shower for operational convenience. A fire alarm system, water softener and 1,000-litre water storage tank are part of the existing setup. The location is close to amenities and benefits from Albufeira’s strong tourism economy. Balaia golf course is roughly 4 kilometres away, and Faro International Airport can be reached in about 34.5 kilometres. This opportunity may suit an owner-operator, hospitality group or investor seeking an established Algarve business with future income potential. Contact us to arrange a viewing and obtain further information about this licensed restaurant.
• 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
