In Ferragudo, a prime property offering both a restaurant and B&B suites for sale is available at €2,550,000. The establishment has a successful track record, featuring a thriving restaurant that sits on the ground floor and 6 B&B suites located above. This perfect blend of dining and accommodation caters to various customer needs and enhances revenue generation. Additionally, the property benefits from a bustling location in the town square with stunning views of the Arade River, contributing to its appeal. The restaurant area spans 140m² and can accommodate 55 diners, while the expansive terrace allows an additional 69 customers to enjoy al fresco dining. The 6 ensuite suites facilitate a comfortable stay for guests, equipped with all modern amenities for convenience. With renovations done in 2018, this property maintains both a charming traditional facade and updated functionality, perfect for transitioning into your ownership. It is strategically located 500m from the beach and close to key amenities, ensuring consistent customer traffic. This offers a unique business to those pursuing investment in the hospitality sector. Contact us now to explore this exciting investment opportunity before it's gone!
• 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
