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Which fully equipped restaurant in Albufeira offers outdoor seating for 85 guests?

Restaurant in Albufeira

ref. VM1538
278.603£ 205.737£
  • B-
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Discover this remarkable restaurant in Albufeira that offers outdoor seating for 85 guests, perfect for enjoying the beautiful Algarve weather. Currently listed at €240,000, this fully equipped venue is situated just 1.3 km from Praia Da Oura, within a vibrant tourist area ripe for investment. The restaurant spans a generous 80m², recently refurbished to offer contemporary dining experiences. Customers will appreciate the inviting outdoor terrace which accommodates up to 50 guests, enhancing the dining experience. The kitchen features high-quality appliances including a gas oven and fryer, ensuring that your culinary needs are fully met. With a proven track record, this establishment has been successfully running for over 30 years, reflecting a strong patronage from both locals and visitors. Its location in the energetic 'Strip' positions it ideally for foot traffic, offering incredible income potential. Furthermore, the bar area allows for extended trading hours from 8 a.m. to 2 a.m. daily, maximising revenue opportunities. This versatile and sought-after location is perfect for buyers looking to step into a bustling hospitality market. This property offers both comfort and investment returns, making it a must-see. Act fast—contact us to schedule a viewing and secure this exceptional opportunity!

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   +