Commercial Property for Sale in Loule

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€1,800,000 EUR

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Ref 2179238 | Loule, Faro | Business

Currency services provided by PureFX 1,800,000 EUR  |  Approx.£1,549,980 GBP  |  Approx. US$1,926,360 USD
  • Type: Commercial Property
  • Location: Loule
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 9
  • Bathrooms: 6

This Restaurant is ideally located in the Golden Triangle, between the prestigious areas of Quinta do Lago and Vale do Lobo. It is an excellent investment opportunity and has a few bonus features. These include two 3 bedroom apartments on the top floor, an extensive function room underneath and a large car park with two buildings behind the restaurant. The Restaurant interior is very cosy. A reception booth and a unique iron fireplace suspended in the air, leads to the lounge and bar area. There is tabled seating for 80 people inside and a further 80 can be seated on the large terrace outside. The massive kitchen is fully equipped and has direct access to the restaurant, the terrace, the function room below and the car park, making deliveries easy. The extensive function room on the lower level has a capacity for 200 people, it features another bar and various storage areas, including a wine cellar for up to 20,000 bottles. This floor also has an electric garage entrance and features 2 changing/bathrooms for staff. Behind the Restaurant you will find a large private terrace for the two apartments above. A floor space of 98m2 each make the 3 bedroom, 2 bathroom apartments spacious. They also boast a sizeable lounge and dinning area, big kitchen, a study/office and terrace balconies.

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