Investing in a successful restaurant with 6 B&B suites by the Arade River offers multiple advantages including prime location, established clientele, and excellent income potential. This property, available for €2,550,000, combines a bustling restaurant atmosphere with top-quality accommodation, attracting both locals and visitors. Situated in the picturesque town square of Ferragudo, it provides breathtaking river views and easy accessibility to the beach, which is just a short 500m away. The restaurant boasts a total seating capacity of 124 and includes features like a bar area and a fully equipped kitchen, operational every day from 08:00 to 22:30. The B&B suites are designed to provide comfort and convenience, all equipped with ensuite bathrooms and modern amenities to cater to guests’ needs. With the opportunity for significant ROI given the tourist draw to Ferragudo, this investment is aimed at those looking for profitable ventures in the hospitality industry. Don't miss your chance to explore this robust business opportunity—contact us today!
• 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