Rua Quinta do Bispo, Edf.º Crisfer, Loja 4
8500-729 Portimão
This is an excellent investment opportunity in the heart of Portimão!! Similar to a leasehold, the business is available to purchase with fixtures and fittings. The building is leased on a monthly basis from the landlord. The price for the business is 17.000€ and the monthly rent is 650€. The length of the lease can be negotiated with the landlord. Formerly a shop & a restaurant the possibilities for this project are endless. The building has a kitchen, large indoor area, a large terrace with a covered area & public toilets, in a fabulous area near the courthouse & library.
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Basic details
Listing number | 651419 |
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Rental fee | 650 € / month |
Contract period | Indefinite |
Deposit | EUR 650 |
Types | Commercial space, Restaurant |
Floor | 1 |
Commercial floors | 1 |
Total area | 125 m² |
Measurements verified | No |
Measurements based on | Cadastral certificate |
Condition | Good |
Vacancy from | According to contract |
Restrictions | Welding prohibition, Not suitable for washing cars, Not suitable for garage |
Description | Restaurant for sale with Trespasse. Similar to a leasehold in the UK the business is for sale and the building is for rent. Ask for more information. |
Additional information | The fixtures and fittings consist of an industrial oven & hood, dishwasher, microwave, stainless steel cabinets, industrial fridges & freezers & other kitchen equipment & appliances including pots & pans, cuttlery, crockery & glassware. There is also an industrial coffee machine, bar with 1 pump & cash register. The restaurant & terrace areas have seating, tables & chairs & patio heater. |
Building and property details
Construction year | 1982 |
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Inauguration | 1982 |
Floors | 1 |
Lift | No |
Roof type | Flat roof |
Ventilation | Mechanical extract ventilation |
Foundation | Reinforced concrete |
Energy certificate class | D |
Building materials | Brick, Concrete |
Roof materials | Ceramic tile |
Facade materials | Plaster |
Terrain | Flat |
Road | Yes |
Land ownership | Rental |
Land owner | Maria Beatriz Castelo Branco |
Rent per year | 7,800 € |
Rental contract ends | 31 Aug 2027 |
Planning situation | No plan |
Municipality engineering | Water, Sewer, Electricity, Gas |