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€229,000  Business Albufeira

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  • €229,000
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  • Business
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  • Gale
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Business opportunity 80 Seat RestaurSesmariasant for Sale,

Located in the highly popular Seaside tourist area of Sesmarias.
The nearby new Albufiera Marina now open has brought an increase in building activity and a general expansion to the area and is providing additional new business.

The Restaurant is situated under a modern Condominium with14 Apartments and 6 Commercial premises. At the rear it has a large swimming pool and Garden area for the use of the condominium owners.

The area of the Restaurant 119 Sq. Metres on ground floor level with a good sized and well equipped modern Kitchen is addionally equipped with all the facilities for the preparation of Pizza, which has accounted for a good proportion of sales & profit.

The seating configuration inside allows for up to 40 to 50 diners depending on table layout.

A further 20 to 25 seats on the outside patio are available in the summer months
with an additional 20 to 25 seats on an adjacent patio.

Toilet facilities are provided in the lower level and are of a very good standard.
A separate Baby-changing area with hand basin provides extra facilities for Families.

The Downstairs storage and preparation area consists of a further 117 Sq. Metres at Basement level. Some of the Storerooms could be converted into living accommodation subject to planning permission. Also Downstairs there is an additional kitchen and preparation room with
Stainless Steel worktops, Double Sink, Water heater and Storage sheves.

The downstairs staff bathroom is equipped with shower, bidet, W.C. and Sink unit.

There is ample storage for Food, Beers Wines & Spirits in the Cellar area, which is accessed via
3 metre wide ramp leading to a large private parking area, which also provides excellent access for deliveries.

A brand new 5 Star Boutique `W` Brand of the Marriott Hotel Group is being constructed on the Adjacent land 100 Metres from the Restaurant. It is scheduled for Completion Spring 2018.
When opened this will add significant value to Property and the Business and will transform the whole area.

The Business is for Sale either Freehold at 229,000 euros

Leasehold At 18,000 Per Annum + IVA. Minimum 1year
Plus 15,000 e Deposit for Fixtures & Fittings
Business opportunity 80 Seat RestaurSesmariasant for Sale,

Located in the highly popular Seaside tourist area of Sesmarias.
The nearby new Albufiera Marina now open has brought an increase in building activity and a general expansion to the area and is providing additional new business.

The Restaurant is situated under a modern Con...
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