OPPORTUNITY | Successful Café/Bar at Espiche for Sale - Lagos

129,000 €

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855 Reference
Bedrooms
2 Bathrooms
40 m²Built
m²Plot

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Are you looking for a great business opportunity in the Lagos area? Look no further than this long-running café/bar that has been open continuously for over a decade and is now available on a freehold basis.

LOCATION: Located in a popular village close to tourist hotspots like Lagos, Praia da Luz, and Burgau, this business has plenty of potentials to attract a wide range of customers. The Boa Vista and Espiche golf courses are also just a short drive away, making this café/bar a perfect spot for a quick refreshment after a round of golf. The café/bar lies on the main road through the village, with plenty of passing traffic.

FEATURES & SIZE: The business (approx. 40m²) has seating for at least 28 people, indoors and outdoors, and provides a fully equipped bar and kitchen. Currently licensed from 09:00 to midnight, there is potential to increase revenue by serving evening food. The business is currently open during the day, but longer opening hours and an extended menu could increase takings. Plus, the village is home to various nationalities. Portuguese, English, and German are the most common languages spoken, meaning there is an excellent opportunity to cater to a diverse customer base.

The current owner is selling due to health reasons but is happy to provide assistance and local knowledge to the new owner.

Take advantage of this fantastic opportunity to own a successful business in the heart of the Lagos area in the sought-after ALGARVE.

0 €/RENTALPOTENTIAL
€/CONDO FEE
1,671 €/IMT TAX

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In compliance with the provisions of the Lei n.º 58/2019 on Personal Data Protection, EAGLE MERIDIAN MEDIAÇÃO IMOBILIÁRIA, LDA. informs the user of its websites that the personal data obtainedby the company by means of the forms contained in said websites, will be included in a file, which EAGLE MERIDIAN MEDIAÇÃO IMOBILIÁRIA, LDA. is responsible for, with the purpose of accomplishing, expediting and fulfilling the agreements set between the parties.

Sergey Malinka

Property Consultant

+351 914 168 557

info@livealgarve.com

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