BMI60: Tapas Bar

Faro, Faro

Price:

€60,000

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

handcrafted.

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

Pure Portugal acts as an advertising platform only. Although great care is taken to ensure we work with trustworthy people, we do not vet the advertisers properties, services, workshops or accommodation and are not responsible for the misdescription of images or text provided. The map shows an approximate location for owners privacy. The advertisers are solely responsible for the accuracy of the adverts content.
Print This Page