An Algarve restaurant investment including a terrace, gallery and ample storage space is available in central Ferragudo for €925,000. The commercial premises extend across approximately 581m² and are located only 400 metres from the nearest beach. This combination of indoor capacity, outdoor seating potential and practical back-of-house facilities may appeal to operators and commercial buyers. The property was built in 2009 within a modern apartment building on Ferragudo’s main street. Its 408m² ground floor is arranged around a spacious open-plan dining room. The upper gallery measures approximately 168m² and overlooks the lower dining area. High ceilings and tall pillars create an impressive setting for restaurant guests. The terrace is positioned outside the ground floor and may offer scope for expanded seating, subject to the relevant permissions. A bar leads through to the large commercial kitchen and service area. Five storage rooms provide generous capacity for food stock, beverages, furniture and equipment. Staff facilities include two bathrooms with showers and changing rooms. Customer provision consists of three bathrooms, including one accessible facility. The restaurant is currently not in operation, so the purchaser can introduce a new business concept. Ferragudo offers a relaxed coastal setting with a close-knit mix of Portuguese residents and expatriates. Its riverfront is lined with cafés, bars and restaurants overlooking the Arade estuary. Traditional cottages, low-rise architecture and cobbled streets help preserve the town’s distinctive identity. Visitors can explore the central church, Castelo de São João and the lighthouse near the coast. Praia Grande and other beaches offer swimming, water sports and seasonal visitor traffic. The nearest golf course is around 4 kilometres away, while a school is approximately 1 kilometre from the premises. Double-glazed PVC windows, pre-installed air conditioning, mains services and outdoor parking support the practical specification. Contact us to learn more about this flexible restaurant investment in the Algarve and arrange a viewing.
• Business not in operation
• Total area 581m²
• Ground floor 408m²
• Gallery 168m²
• Constructed 2009
• Nearest beach 400m
Ferragudo is a small attractive fishing town located on the mouth of the river Arade and has a close-knit community of Portuguese and expats alike. Impressively, Ferragudo has managed to maintain much of its traditional charm, escaping the typical wholesale development that has invaded the Algarve coast line and surrounding towns. Consisting of typical whitewashed cottages, low rise buildings and a warren of cobbled streets. Located directly on the river front with many cafes, bars and restaurants where you can not only eat the catch of the day but watch it being unloaded. For such a small town there are many focal points including the church which sits prominently on the top of the hill in the center of the town. The 16th century medieval castle, Castelo de Sao Joao located on Angrinha beach and a cute little lighthouse also set the scene for this quaint, relaxed little town. Ferragudo also boasts an array of fine beaches ranging from small and sleepy to the aptly named, Praia Grande where you can partake in a number of water sports and activities.
Located on the ground floor of a modern apartment building on the main street in Ferragudo, this large commercial property is designed to be very open and spacious with high ceilings and tall pillars. Consisting of two floors, the ground floor has many windows and an outside terraced area with potential to expand the seating. The ground floor consists of a large open, high ceilinged dining room and 3 client wc´s, one of which is disabled. The service area consists of a bar followed by kitchen which has 5 storage rooms, 2 staff bathrooms with shower and changing rooms. On the top floor you will find the second dining room, a large gallery which overlooks the ground floor.
Amenities
• Centrally located
• 5 storage rooms
• Disabled friendly
• Close to all amenities
Location
• Nearest beach 400m
• Nearest golf 4km
• Distance from airport 66km
• Nearest school 1km
• Nearest town 100m