Commercial For Sale In Vilamoura


Commercial For Sale In Vilamoura
A beautiful 3 storey (plus roof terrace) freehold restaurant superbly situated within the delightful Old Village of Vilamoura in this highly desirable part of the Algarve with several high quality golf courses and a marina very close by.

The property was constructed in 1992 and has been subject to a comprehensive and tasteful renovation within the last 18 months.

The total built area is 725m2 with 200+ seats including roof terrace which comprises;

Basement ( kitchen and wine cellar) – 180m2
Ground floor ( with small ent terrace) -180m2
First floor ( includes small balcony) – 175m2
Roof terrace ( includes bar, covered area and top level tower zone)
- 190m2

There is a passenger elevator and 2 'dumb waiter' elevators.

In the basement are male/female staff showers and toilets.The extensive recent updating includes electrics and plumbing, kitchens, doors and windows, redecoration and all health and safety issues in accordance with the strict Portugese food and hygiene standards agency rules.There are licences to operate as a bar/restaurant until 2am 7 days a week.

The business currently operates on 2 levels. The ground floor and outside terracing is trading as a cafe style bar serving breakfast, lunch and dinner with 40 covers inside and 40 on the terracing.

The first floor is a sophisticated 60 cover a la carte restaurant. There is great potential to exploit the magnificent roof garden to seat a further 60 people.

The restaurant has only been operating since March 2008 but has acquired an enviable reputation in the region and is the restaurant of choice for The Vilamoura Hilton and Four Seasons Hotels.

The Zanzibar is probably the best looking and situated restaurant in the region with great potential for an enthusiastic restauranteur to further develop an already successful business ( not currently open Sundays) and is ideal for private parties and weddings.

Further information including turnover/ptp available upon request.

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Commercial For Sale In Vilamoura
Listing Details
Price total:
€850,000
Listing type:
For Sale
City:
Vilamoura
Region:
Algarve
Country:
Portugal
Property features:
Kitchen , Terrace , Garden , Balcony
Neighborhood:
Vilamoura
Mls/Source id:
11062-452267
Property type:
Commercial