Among the top commercial properties for sale near Praia Da Oura is this successful restaurant listed at £325,000. This fully refurbished, turnkey restaurant is strategically located in a high-traffic tourist area, renowned for its proximity to the beach and vibrant nightlife of Albufeira. With the capacity to serve over 85 patrons, the venue is designed to optimise customer experience both inside and on the spacious outdoor terraces. This property’s history of trading for over 30 years is a testament to its strong customer loyalty and operational success. The restaurant also benefits from modern amenities, including a fully equipped kitchen, which makes it an attractive investment for buyers looking for a hassle-free start. Being just 1.3 km from Praia Da Oura, it is ideally positioned to capture the tourist market and local dining needs alike. Additionally, the area offers numerous amenities within walking distance, enhancing convenience for customers. The licensing to trade daily from 8 a.m. until 2 a.m. provides an advantage for generating revenue in the busy tourist season. The combination of strong foot traffic, established reputation, and prime location makes it one of the most desirable commercial properties available. Don't miss out on this exciting business opportunity! Contact us for more information and to schedule a viewing.
• 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
