Restaurant in Albufeira175 000 €Ref: STC2093
Restaurant business for sale, excelent location close to the Marina in Albufeira.
New to the market, a rare opportunity to acquire this established restaurant business located in a scenic part of Albufeira between the busy Old Town and Marina. The venue which has an interesting history and boasts a prominent hillside position consists of numerous operational areas giving potential for a multi-functional business and income. There is a large bar / dining area which incorporates the main entrance with traditional Portuguese double doors. An internal staircase gives access to a split-level roof terrace with a dedicated bar which provides a large elevated space ideally suited to weddings and other functions, a part of the business that can be developed hugely. The sea and Marina views also make this an ideal space for al-fresco dining during the summer months.
From the bar/dining room on the ground floor, there are sliding glass doors which provide access to the westside external terrace. The current operators have often used this area for live music performances which attract many passing clients. To the South is the main dining area overlooking the Atlantic Ocean which gives a stunning backdrop for diners to enjoy, generating reservations from websites and other on-line platforms. Two sides of the room are enclosed by glass sliding doors allowing the whole area to be almost al-fresco dining and incorporating the front and side terraces into one large dining area.
This business has achieved excellent reviews from customers and enjoys repeat custom throughout the summer and winter months. Attracting tourists during the summer, the clientele in winter tend to be British ex-pats and property owners that are attracted by the widely reputed Roast Lunches served on a Sunday. There is huge potential to expand the business in all areas to include daily lunchtime opening, daytime / late night bar service, events and functions etc.
For further information or to arrange a viewing please contact us. Strictly by appointment only.
- Property Ref.STC2093
- Price175 000 €
- Property TypeRestaurant
- Total Area
- Gross Built Area
- Gross Private Area
- Year Built
- Beach1 km
- Golf courses6 km
- Restaurants0 km
- Shops0 km