Great Investment Opportunity
In this busy and long established area of the Vera Coast businesses succeed and therefore freehold premises are rarely available for purchase. Leased to an Italian family for many years this was a well known restaurant, when the family recently retired the owners decided to market the property rather than to negotiate a further long term lease.
Good sized leasehold premises also rarely become available consequently this restaurant would be ideal for anyone either wishing to run their own business or equally someone who would rather generate an income by renting the premises to a third party.
This front line corner property is located opposite one of the most popular beaches in the area, with a promenade linking it directly to Garrucha this business is within walking distance for hundreds of people throughout the year.
The views from the large covered terrace are stunning, 2 sets of double doors lead to the restaurant from the terrace. Internally the unit comprises of a big dining area with an archway leading to the cloakroom facilities. A second well proportioned room is currently fitted out as a bar and was previously used both as a lounge area and for private functions – a stud wall divides the dining room from the bar, removing this would considerably increase the dining capacity.
The kitchen is a very generous size and leads to a spacious storage room that has direct access to outside for deliveries.
The restaurant is now in need of a re-fit, this is more than recognised in the very reasonable asking price. With a relatively small further investment these premises will increase considerably in value, particularly with the opening of a new private marina within easy walking distance.