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Restaurant for sale

Lagos, Lagos, Algarve, Portugal

£478,802 *  [€550,000]

Restaurant for sale

Lagos, Lagos, Algarve, Portugal

£478,802 *  [€550,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 2
  • Habitable space: 338 m2

Features


  • Double Glass
  • Energy performance certificate – B-

Full Description


Shops with 338 m² of total area , intended for commercial use. The property allows two separate businesses side by side , with three independent entrances . Currently, the establishment operates as a restaurant, benefiting from a strategic location near the Algarve's top beaches . Property Features Total area: 338 m² º Usable area: 328 m² Condition: Second-hand / Good, ready to operate Built in 1983 º Current activity: Restaurant Two commercial licenses: Licence 1: Restaurant in operation, fully equipped and furnished, ready to operate Licence 2: Bar in operation, fully equipped and furnished, ready to operate Layout: 7 bathrooms (2 for public use), 2 bars, equipped kitchen, pantry, 2 staff changing rooms with showers, office, 2 storage rooms, terrace Surroundings and Location Located on a street with high pedestrian and tourist traffic Direct access to Ponta da Piedade Only 5 minutes' walk to D. Ana Beach and Lagos historic center Established area with high customer flow and tourist potential Key Points Potential to operate two independent businesses simultaneously Half fully renovated and operational; other half in excellent structural condition ready for adaptation Strategic location for both tourists and locals Ready to start activity immediately Unique opportunity for investors seeking a versatile property with high commercial potential in one of the Algarve's most prestigious areas. Features Total area: 338 m² º Usable area: 328 m² Condition: Second-hand / Good, ready to operate Built in 1983 º Current activity: Restaurant Two commercial licenses: Licence 1: Restaurant in operation, fully equipped and furnished, ready to operate Licence 2: Bar in operation, fully equipped and furnished, ready to operate Layout: 7 bathrooms (2 for public use), 2 bars, equipped kitchen, pantry, 2 staff changing rooms with showers, office, 2 storage rooms, terrace Surroundings and Location Street with high pedestrian and tourist traffic Direct access to Ponta da Piedade Only 5 minutes' walk to D. Ana Beach and Lagos historic center Established area with high customer flow and tourist potential Key Points Potential to operate two independent businesses simultaneously Half fully renovated and operational; other half in excellent structural condition Strategic location for tourists and locals Ready to start activity immediately Unique opportunity for investors seeking a versatile property with high commercial potential in the Algarve.
Energy Rating: B-
#ref: VC141
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This property listing (ref: VC141) 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.
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