Restaurant and Local Accommodation

EUR 750,000
  • 47346 sq m
Property for
Sale
Location
Country
Portugal
State/Region/Province
Faro
City
Silves
Posted
Nov 14, 2023
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Description
This property has 2 fully functioning business strands (a restaurant and an AL) and has been open since 2010. With 2 floors and a terrace, it has a total of 346m² in built area. Located in the center of Vila de Algoz, close to the Municipal Market, this property has two fronts and offers a great opportunity to establish a thriving business in a charming environment and great tourist and local attraction.

On the ground floor with 173m² is the restaurant with an automatic entrance door ready to receive you, it is fully equipped and working daily and annually. The space is large and has a capacity for 65 seats, at comfortable and elegant tables and chairs, very cozy with a fireplace and typically Portuguese, with two televisions. It has three sanitary facilities, which meets the needs of customers and employees efficiently. The bar area is fully equipped to serve the restaurant, it has a wine cellar and a wine cellar, the restaurant is served by a modern, open and totally stainless steel kitchen, including walls, strictly following all hygiene and health safety standards and a pantry with good areas. It is equipped with all kinds of machines and kitchen utensils so that it can work in various ways there are separate stainless steel countertops for fish, meat, vegetables. Industrial Convector Oven, Gresilva professional grill and also equipped with 2 chests for fish, 1 for meat and 1 for vegetables. Traditional freezer for ice cream, desserts, 1 vertical refrigerator for drinks.

On the 1st floor with 173m² is the AL- Local Accommodation with separate access and directly to the street, with 8 bedrooms, 3 of them with balconies (1 of them is closed) and all are in suites - with full bathroom and air conditioning. There is a kitchenette kitchen and small space for a leisure reading area and 1 storage room (closet). All rooms are ready to be monetized.

As far as other important features and the exterior consists, it has a terrace with access by 12v cargo elevator, fully fenced and waterproofed, with a covered and closed area with awning, which serves as storage. It has 4 solar panels with a forced heating system for 800 liters, a boiler for support, a "mushroom" extractor for extraction and compensation of fumes and a gas plant with 2 large and two small cylinders. It also has a surveillance and alarm system.

Discover the potential of this property business and come and offer the public the flavors that already enchant everyone on a daily basis.

Come and meet and undertake.
- REF: 381/N/00193
New
No
Bedrooms
4
Bathrooms
7
Finished sq. ft.
346 sq m
Contact information
IMLIX ID
381/N/00193
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