Full Description
Business in operation, fully equipped and ready to operate ('turnkey').
We present an excellent investment opportunity in the heart of Castro Marim, in a privileged location next to Corvo, pharmacy, CTT and other essential services.
This commercial property stands out for its versatility, excellent reputation with customers and strong growth potential.
Property Features
The main space currently functions as a restaurant/bar, housed in a completely renovated old country house, with about 70 m².
It has:
Equipped bar;
Fully equipped functional kitchen;
Interior room with capacity for 18 seats;
Modern sanitary facilities;
Cozy terrace with capacity for about 10 seats;
Rooftop with approximately 40 m², equipped with security guards, offering between 10 and 20 seats and a unique atmosphere.
The property also includes an independent shop of about 40 m², equipped with shower and its own sanitary facilities, ideal for commerce, services, take-away or expansion of the existing activity.
It also has an undeveloped storage room and two independent entrances through different streets, allowing convenient access for customers and suppliers.
Efficiency and Equipment
The property has been fully rehabilitated, including:
Class B- thermal insulation;
New electricity, water and sewage networks;
Solar photovoltaic system with 8 solar panels (4 kW);
200-litre thermosiphon for water heating;
3 reversible air conditioning equipment;
Two counters in marble from Angola;
Professional catering equipment.
The business is sold equipped, furnished and in full operation, including all business assets, customer portfolio and excellent online reputation.
Consolidated Business
Currently, the restaurant offers a diverse selection of Portuguese, Thai, and vegetarian tapas, accompanied by carefully selected wines and craft beers.
It benefits from a loyal and diversified clientele, consisting of:
Foreign residents;
Tourists;
Spanish customers;
Local audience.
This diversity guarantees movement throughout the year, both in high and low season.
The current owners provide training and support to ensure a simple and effective transition.
Growth Potential
In addition to the current activity, there are several opportunities for expansion:
Expansion of the restoration;
Take-away service;
Subletting of the independent store;
Development of the existing cultural and artistic area;
Possibility of reaching an estimated total capacity of between 80 and 100 seats.
Strategic Location
Historic centre of Castro Marim;
Just 5 minutes from the border with Spain;
Close to several golf courses;
About 10 minutes from the best beaches in the Algarve;
45 minutes from Faro International Airport.
Reason for Sale
Sale motivated by the owner's retirement.
A rare opportunity to acquire a consolidated business, with an excellent location, modern infrastructure and high potential for appreciation.
Book your visit now.
We follow the entire buying and selling process with professionalism and dedication.
Energy Rating: B
#ref: CS-BARR-94875
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