You can buy a profitable restaurant with 6 B&B suites in the vibrant town of Ferragudo. This business opportunity includes the freehold of the building as well as the goodwill of an established restaurant on the ground floor, known for its excellent menu and capacity for 55 diners. The first floor features six en-suite bedroom suites, perfect for accommodating guests, ensuring a seamless blend of dining and hospitality. Located in the town centre square on the picturesque Arade River, it is just 500 meters from the beach, making it an attractive location for tourists and residents alike. The total living area spans 280m², and the property has been renovated recently in 2018. The restaurant operates daily and has a terrace for outdoor seating, adding to its appeal during the warm Algarve evenings. With a seating capacity for 124, it’s well-equipped to cater to busy evenings and events. This property boasts modern amenities, including air conditioning and free Wi-Fi for guests. Aside from the restaurant operations, the B&B aspect presents a strong investment opportunity, supported by tourism growth in the region. Ferragudo is known for its charming atmosphere and proximity to amenities, enhancing the allure for potential buyers looking to invest in a lifestyle business. Don't miss out on this incredible opportunity; contact us today to arrange 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
