Commercial in Vila do Bispo

Algarve, Portugal

€495,000

Property description

An opportunity to acquire commercial premises that have been refurbished to very high standards. The refurbishment has been tastefully carried out, with attractive wooden beamed internal roof areas throughout, and in one of the sections a supporting structure is in place for a mezzanine floor to be added.

Since refurbishment in 2014, the premises have enjoyed an extremely successful tenancy, as a retail outlet for a linen and home furnishings business.

Situated on the N125 in Budens the property has high visibility from the roadside, ideal for business awareness and passing trade. Positioned between Lagos and Sagres, the flow of visitors to the Algarve inevitably pass the premises when visiting the south west point of the Algarve, with Cape Saint Vincent allegedly being the second most visited destination in Portugal.

With a plot area of 478 sqm, and total indoor space of 255 sqm, made up of 3 sections, the property lends itself to a huge variety of uses, whether it be retail, accommodation or hospitality.
With one of the sections having residential use, an owner-occupied mixed use is also a possibility.

The property has an enclosed and secure private parking area for 6 cars, and an electric up and over door for off-loading deliveries.

The property is offered with vacant possession, and could be of interest to an investor purchaser,

With commercial, high visibility properties of this nature being in such short supply, viewing is highly recommended.

Property Details

Reference N325
Town Vila do Bispo
Province Algarve
Country Portugal

Location
Property Type commercial
Built Area 252.00m²
Plot Area 478m²
Property Features
Energy Certificate: B

This property is listed by:

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