BMI60: Tapas Bar

Faro, Faro



Tapas bar/restaurant. Recently renovated, 170m2, 52 seats, fully equipped!

Property Advertised by: Owner

Property Description

Tapas bar/restaurant business located in a very prominent area of the Algarve. The property has 170m2, 3 toilets and open space for the restaurant/bar. The property has been used as a tapas bar but could be changed. The restaurant is fully equipped and ready to go!

The property was completed renovated last year but retains original features and a vintage feel, 99% of the furniture is


The restaurant has 52 seats and a small lounge area in front of the bar and kitchen.

Located on the main road to Quinta do Lago resorts and

Vale do Lobo where tourists access the beach or golf courses so has a good footfall. There is a project in place to close the streets to traffic and use as pedestrian which will increase the popularity also. On top of the property is one apartment with 4 rooms that it’s available for rent (could make the building all as one so a B&B or living space can be made above to expand business)

Contract with the landlord will be for 5 years. The same contract will be automatically renewed every year. Rent is 600euros per month. The business licence for a bar and restaurant with hours of 7am until 2am.

Property Location

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