Property Details
- Property: Property (Resale)
- Bedrooms: N/A
- Bathrooms: N/A
- Receptions: N/A
House in Serra d'Elrei, Portugal
Features
- Restaurant For Sale
- Outbuildings
- Car Park
- Entrance/security Gate
The current owners have transformed this 500m2 business unit into one of the best known restaurants in the area. Tourists and locals mix wonderfully and has a great atmosphere both at lunch time and dinner.
The restaurant called Cozinha D'El Rei is situated in the village of Serra D'el Rei, just 5 minutes form the Praia D'El Rey Golf and Beach Resort. It is the biggest commercial premises available which is closest to the resort.
The unit consists of the main building which currently consists of the restaurant area, kitchen, preparation room, wc and storage. There are also 5 outbuildings which can be used for business use.
These include an art gallery, wine storage, bar and wc.
The restaurant business currently averages around 300 covers per day and has a turnover in the region of €600k.
The name Cozinha D'El Rei and restaurant business is sold as a going concern.
Sale Details:
For sale as a whole - €700,000 Freehold
Rent the business unit and purchase the kitchem equipment - €400,000 + €2,500p/m.
* There is potential for 2-3 houses to be built on the land at the rear of the plot.
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