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Bar for sale

Lagos, Lagos, Algarve, Portugal

£217,637 *  [€250,000]

Bar for sale

Lagos, Lagos, Algarve, Portugal

£217,637 *  [€250,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 2
  • Habitable space: 45 m2

Features


  • Double Glass
  • Energy performance certificate – B-

Full Description


An excellent investment opportunity presents itself in the heart of Praia da Luz: a fully operational bar, with a history of success, ready to immediately continue the activity or to be adapted to a new commercial concept.
Features
Bar in full operation, with snack bar license until 02:00
Interior area with about 45 m², well distributed and functional
Interior capacity for approximately 24 seats
Duly licensed outdoor terrace
Cozy and bright main room
Bar area with equipped kitchen and pantry
Two independent bathrooms (men and ladies)
Storage room
Equipment included:
Air conditioning
Fume extractor
Video surveillance system
Surroundings
Central location in the village of Praia da Luz
Area with high pedestrian flow and excellent visibility
Proximity to shops, services, beach and residential areas
Strong presence of residents and national and international tourism
Strengths
Ready-to-operate business, no additional investment required
Versatile space, suitable for bar, café, wine bar, shop or office
Terrace license, boosting profitability
Strategic location in one of the most sought-after areas of the Algarve
High growth potential and return on investment
A solid proposition for those looking to establish or expand a business in a premium location, combining functionality, charm and profitability.
Energy Rating: B-
#ref: VC177
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This property listing (ref: VC177) is an advertisement supplied by Mimosa Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.