Commercial property for sale in Carvoeiro - Monte Carvoeiro, Lagoa E Carvoeiro, Lagoa Algarve

£278,996 (€325,000)
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Commercial property for sale

Property features

  • House area: 135 sqm
  • Condition: Excellent condition
  • 4 bathrooms

Property description

Perfect opportunity to purchase a long established running business/restaurant in excellent location of Carvoeiro, fully furnished and equipped all included in price.

For sale a perfectly located, fully furnished and equipped operational restaurant with valid license situated in Monte Carvoeiro resort only a short stroll (5 min) to the popular beach & Carvoeiro village centre, well-known for its charming environment and the selection of great restaurants, bars, shops and all other attractions.

The restaurant has 135 m² plus covered terrace of 11 m² and extra uncovered terrace. It is in excellent condition and has been running under the same management and ownership for the past 10 years with return clients. It has a licence to trade from 7 am until 1 am daily all year round, but currently is open just from 6pm, 6 days a week. It can accommodate +/-98 seats and offers plenty of outdoor space including 2 terraces (1 of them being covered perfect for the colder months), a vast communal landscaped garden around the fountain and onsite parking.

The restaurant is all in one level and it is prepared to be running whole year around. In the summer both terraces are the most desired areas with views to the beautiful garden area, and in the winter the inside well-presented and comfortable room offers a nice atmosphere to enjoy a nice meal among family or/and friends.
The access to the restaurant is done through the outside terrace that leads to the covered terrace and to the main room inside, with bathroom facilities for Men and Women and a bar area. Behind the bar is the fully fitted and equipped industrial kitchen with a variety of stainless steel appliances, utility room with access to a large storage with an exit door (ideal to pass with the grocery) and service also have 2 WC's with shower for staff.

A perfect location and an already existing trade this is a solid investment not to be missed.

The current owner wishes to retire to spend more time with the family, but is happy to give up to a few months hands-on support if required.

If interested, please contact us for further information and to schedule a visit.
Ref: CC038
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For more information about this property, please contact
Vernon Algarve Real Estate, on +44 330 038 7302 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vernon Algarve Real Estate, and do not constitute property particulars. Please contact Vernon Algarve Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.