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Which restaurants and B&Bs are for sale in Ferragudo's town centre?

Restaurant in Ferragudo

ref. LE2162
27.881.394SEK
  • B-
  • 6
  • 6
  • 280m2
  • 280m2
  • Alojamento Local

In Ferragudo's town centre, a fantastic restaurant with associated B&B suites is now available for sale. This unique property consists of a reputable restaurant with an impressive seating capacity of 55 and a terrace that comfortably accommodates an additional 69 patrons. The B&B features six en-suite bedrooms, fully equipped to ensure guests have a pleasant stay. With its strategic location at the heart of the town square overlooking the beautiful Arade River, this property is perfectly positioned for attracting a mix of tourists and locals. Currently operational, this restaurant and B&B combination offers significant income potential, ideal for buyers interested in entering the hospitality business. With its modern renovation completed in 2018, this well-equipped establishment stands ready for new ownership. Don’t miss out on this rare chance to own a prominent business in Ferragudo. Reach out to us today to schedule a private viewing!

Usage
Commercial
Type
Restaurant
Town
Ferragudo
Parish
Ferragudo
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1952
Renovation Year
2018
Rooms
7
Bedrooms
6
Bathrooms
6
Floors
2
Furnished
Negotiable
Living Area
280 m²
Plot Area
280 m²
Parking outdoors
Own Entrance, Fully Fitted, Modern
Storage, Office/Study
Alarm System
Double glazing, UVA Protection
Patio
Sea View, Panoramic View
• 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
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