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Where can I buy a refurbished restaurant in Albufeira with outdoor seating?

Restaurant in Albufeira

ref. VM1538
325.000€ 240.000€
  • B-
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You can buy a refurbished restaurant located in one of the prime areas of Albufeira, featuring sunny outdoor terraces that are perfect for al fresco dining. This ready-to-trade establishment seats over 85 customers and has been a successful venue for over 30 years, catering to both locals and tourists. Situated just 1.3 km from the popular Praia Da Oura beach and near various amenities, this restaurant is an ideal investment opportunity. The interior includes a fully equipped kitchen and newly refurbished dining areas, ensuring a modern and appealing atmosphere. The bar operates under a full licence from 8 am to 2 am, which allows for a versatile business model. The location, known for its high tourist footfall, contributes significantly to its success and return clientele. Additionally, it's only 4 km from the nearest golf course, attracting diverse visitors. The property comes complete with all furnishings and kitchen equipment, enabling immediate business operations. This restaurant not only offers excellent potential for profit but also a vibrant lifestyle choice in a prime Algarve location. Interested buyers should act quickly as opportunities like this don’t last long! Contact us today to schedule a viewing!

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   +