STH365: O Lagar Regada Bar

Oliveira do Hospital, Coimbra

Price:

€369,000

Former olive mill now a highly successful cafe/restaurant with river frontage & plot of 1,552m2

Property Advertised by: Mediator / Translator (on behalf of owner)

Property Description

A rare opportunity to own a unique cafe/restaurant situated on the bank of the river Alva in the village of São Sebastião da Feira in the municipality of Oliveira do Hospital. Close to the Serra da Estrela UNESCO Geopark.

This former olive mill is now a family ran and highly successful cafe/restaurant in a spectacular location with frontage directly onto the River Alva. The property is sited on a plot of 1,552m2 and is just 50m from the official river beach of São Sebastião da Feira, although it is possible to dip your toes or indeed swim directly from the bar!

The cafe/restaurant is fully licensed for up to 70 people with more seating outside, where you can enjoy the sights and sounds of the river and the wildlife. Some of the equipment and stone sinks used to press and process olives into olive oil have been tastefully left in place as a homage to the buildings cultural heritage. The large waterwheel at the front of the bar still functions and could be used to generate electricity.

The cafe/restaurant consists of bar area, dining area, separate games room, dance area, kitchen, toilets, storage area and private car park.

The property is being offered for sale as the current owners are retiring. The main season for the establishment is throughout the spring and summer months when locals and holiday-makers frequent the area. Lots of people come to bathe and swim in the waters of the Alva, which also has good fishing. The bar has a steady stream of locals and visitors providing a good income throughout the year.

This property offers a diverse range of business opportunities from a steady income with a quieter life to taking it to the next level and becoming the best eatery and dance venue in the area.

Accounts available upon request.

Distances by car:

Avô 10 minutes, Oliveira do Hospital 15 minutes, Seia 30 minutes, Coimbra 60 minutes, the atlantic coast (Figueira da Foz) 85 minutes and Porto airport 120 minutes.

The River:

The river Alva is one of the purest and crystalline rivers of Portugal. Rising on the slopes of the Serra da Estrela and flowing into the Mondego at Porto de Raiva. It is part of a network of river beaches which are very popular and saves the travel to the ocean beaches. The river beaches of the river Alva are of high quality, have supporting structures such as bars and restaurants and many of them have been classified as Blue Flag Beach, which further attests to the quality of these waters.

Property Location

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