Business for sale in Albufeira of 246 m² – ID 1730773

Business Opportunity - Freehold Licensed Bar/Restaurant Close to Beaches in Galé, Albufeira This fully licensed commercial property sits in a prime tourist zone just 80 meters from a major beach front hotel and a short walk from the popular Galé beach. Trading successfully since 1996, previously as a high-turnover Italian restaurant and for the last 10 years as a busy Irish pub, this location offers a proven track record for high foot traffic and consistent tourist trade. Because you are buying the freehold building and goodwill, you will own the asset outright with no rental or leasehold (trespasse) fees. The licence allows for a change of concept for a new owner as a wine and tapas bar, new restaurant concept or to continue with the proven success of an Irish pub and sports bar. Investment Highlights Turnkey Sale: Sold fully furnished and equipped to start trading immediately. Flexible Zoning: Highly adaptable layout perfect for a wine and tapas bar, boutique restaurant, or sports pub. Generous Operating Hours: Fully licensed to operate from 8:00 AM until midnight. Essential Equipment: Air conditioned throughout, alarm system, high speed Wi-Fi Location Prime Tourist Hub: Situated just 80 meters from a branded beach front hotel and 850 meters from the nearest beach. Built-in Customer Base: Located on the ground floor of a 24-apartment condominium complex with a shared pool. Commercial Cluster: Positioned next to 5 active retail shops and offices, drawing steady daytime traffic. Main Floor Features (118 m²) Traditional Bar with Bar Stools: Fully equipped bar with many fridges and glass fronted display coolers. Indoor Dining: Spacious main room with seating for 50 to 60 guests. Entertainment Hub: Space for games or a stage for live music Outdoor Terraces: Two dynamic patio spaces accommodating an additional 30 to 40 seats, ideal for a high-margin wine and tapas setup or a new restaurant concept. Main Kitchen: Fully equipped, newly extended industrial kitchen in stainless steel with new turbo oven, gas cookers, fridges, freezers and storage. Large Basement & Bonus Space Restrooms: His and Hers guest toilets Prep Area: Dedicated second kitchen downstairs for bulk food preparation. Storage & Operations: Multiple divided storage rooms and a large private office. Expansion Potential: The basement can be converted into guest-facing commercial space, like a private tasting cellar or games lounge. Parking & Deliveries: Private side ramp leading to a covered 4-car carport, making stock deliveries seamless. Distances: Walking Distance: to most amenities including a mini-market, ATM’s and pharmacy Nearest Beach: 850 metres | 0.5 miles | 10-minute walk Galé Beach: 1.5 km | 1 mile | 20-minute walk Albufeira Marina: 3 km | 1.8 miles | 5-minute drive Old Town Albufeira: 4.5 km | 2.8 miles | 8-minute drive Algarve Shopping Mall: 9 km | 5.5 miles | 15-minute drive Golf Course (Salgados): 3.5 km| 2 miles | 7-minute drive Faro International Airport: 50 km | 31 miles | 45-minute drive

beach walk business with swimming pool

Albufeira, Algarve, Portugal

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