Discover a prime location restaurant and B&B for sale in the heart of Ferragudo, offered at €2,550,000. This property offers an exceptional business opportunity nestled in the bustling town centre square, facing the picturesque Arade River. The restaurant boasts a spacious environment, accommodating 124 people across indoor and outdoor seating, paired with a complete kitchen and bar area operational from morning until late evening. The B&B consists of six beautifully appointed suites with en-suite bathrooms, allowing guests to enjoy a comfortable stay with modern amenities including air conditioning and Wi-Fi. This lucrative business is not just about aesthetics; its proximity to local attractions and the beach (only a 500m walk) ensures a steady flow of visitors. With excellent reviews and a loyal customer base, this is a dependable investment in the hospitality sector with great growth potential. Buyers can take advantage of this rare opportunity to own a piece of Ferragudo's vibrant tourism industry. If you're interested in securing this location, contact us now!
• 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
