Investing in a restaurant and B&B business in the heart of Ferragudo makes sound financial sense, especially with this property now available for £2,550,000. Strategically located in the bustling town square, this successful venue offers both culinary delights and comfortable accommodation, setting the stage for a thriving hospitality business. The restaurant features an engaging ambiance, seating 55 patrons and a delightful terrace accommodating an additional 69 guests, which is perfect for capitalising on the sunny Algarve climate. The first-floor B&B, consisting of six stylish en-suite suites, meets both local and international demand for quality stays, ensuring a profitable and enjoyable investment. Each room is thoughtfully designed, equipped with modern amenities while retaining a warm and welcoming atmosphere. With a capacity to cater to both diners and overnight guests, this business can benefit from dual revenue streams, enhancing the investment's overall return potential. Within walking distance to the beach and surrounded by amenities, the property appeals to a diverse clientele year-round. By investing here, you are gaining not only a successful business but also a lifestyle opportunity in one of Portugal’s most picturesque areas. Don’t hesitate; take the step to secure this fantastic investment. Contact us today for further details and arrange a viewing.
• 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
