Restaurant for Sale in an Ideal Location in Lagos – A Turnkey Opportunity for Restaurateurs Located in a dynamic and sought-after area of Lagos, this turnkey restaurant is a rare opportunity for entrepreneurs looking for a move-in ready space

Lagos, Faro, Portugal

For Sale

€620,000

REF: 920858 €620,000


2

105 m2

Description

Restaurant for Sale in an Ideal Location in Lagos – A Turnkey Opportunity for Restaurateurs Located in a dynamic and sought-after area of Lagos, this turnkey restaurant is a rare opportunity for entrepreneurs looking for a move-in ready space. This establishment includes a spacious ground floor and a cellar, offering a full space to operate a high-quality restaurant.

The ground floor features a total area of 105 m², complemented by a basement of 42 m², which is compliant and can be authorized for public access, providing a versatile and functional space for various uses. Key Features: •Fully Renovated Premises: This restaurant has been completely renovated with attention to detail, creating a modern and functional space.

From updated flooring to high-quality finishes, every element has been designed to ensure comfort and aesthetic appeal. •Brand New Appliances: The kitchen is equipped with modern, high-quality appliances, allowing chefs to work in an ideal environment. With state-of-the-art equipment, the restaurant is ready for immediate operation.

•Comfortable Dining Area: The dining space is spacious, bright, and has a welcoming atmosphere, ideal for attracting a diverse clientele. The modern and inviting setting promises to create unforgettable dining experiences. •Cellar and Storage Space: The property also includes a cellar, perfect for storing food products, wines, or other necessary restaurant equipment.

This additional space allows for optimal stock management. •Location and Accessibility: The restaurant is located on the ground floor, making it easily accessible to customers. The location is strategic, offering great visibility and high pedestrian traffic, making it ideal for attracting both local and tourist clientele.

Ideal Location in Lagos: The address of the restaurant is 16, Rua Soeiro da Costa, a prime location in one of the most dynamic and sought-after neighborhoods in Lagos. The street is close to numerous shops, restaurants, and tourist attractions, and is easily accessible from various points of the city.

The area benefits from high pedestrian traffic, guaranteeing maximum visibility for the establishment. Lagos, a charming city, is a popular tourist destination, particularly for its beautiful beaches, historic center, and numerous restaurants and bars. The neighborhood where this restaurant is located is bustling, offering plenty of opportunities to attract a diverse clientele.

Just a few steps from the restaurant’s location, you’ll find green spaces such as the Príncipe Real Garden, as well as public transportation that makes it easy to access the center of Lagos and other neighborhoods. The area is also home to many shops and has a friendly atmosphere. The location in this dynamic Lagos neighborhood, close to the beaches and tourist attractions, guarantees a diverse and loyal clientele.

Whether for locals or tourists, this location is perfect for a successful restaurant. Additionally, Rua Soeiro da Costa is located in an area with ample parking options, making it easy for customers to access the restaurant. The proximity to local tourist attractions and popular spots makes this an ideal location for developing a business.

Usage License No. 141-1995, issued by the City Council of Lagos on 20/06/1995. Don't miss this unique opportunity to acquire or lease this stunning restaurant space. Contact me today to schedule a visit and take the first step toward your next big venture! *This property is sold on an exclusive basis. *An opportunity not to be missed! *I speak French, Portuguese, English, and Spanish. *I share the commission 50%-50% with all agencies.  #ref: 132793
Restaurant for Sale in an Ideal Location in Lagos – A Turnkey Opportunity for Restaurateurs Located in a dynamic and sought-after area of Lagos, this turnkey restaurant is a rare opportunity for entrepreneurs looking for a move-in ready space. This establishment includes a spacious ground floor and a cellar, offering a full space to operate a high-quality restaurant.

The ground floor features a total area of 105 m², complemented by a basement of 42 m², which is compliant and can be authorized for public access, providing a versatile and functional space for various uses. Key Features: •Fully Renovated Premises: This restaurant has been completely renovated with attention to detail, creating a modern and functional space.

From updated flooring to high-quality finishes, every element has been designed to ensure comfort and aesthetic appeal. •Brand New Appliances: The kitchen is equipped with modern, high-quality appliances, allowing chefs to work in an ideal environment. With state-of-the-art equipment, the restaurant is ready for immediate operation.

•Comfortable Dining Area: The dining space is spacious, bright, and has a welcoming atmosphere, ideal for attracting a diverse clientele. The modern and inviting setting promises to create unforgettable dining experiences. •Cellar and Storage Space: The property also includes a cellar, perfect for storing food products, wines, or other necessary restaurant equipment.

This additional space allows for optimal stock management. •Location and Accessibility: The restaurant is located on the ground floor, making it easily accessible to customers. The location is strategic, offering great visibility and high pedestrian traffic, making it ideal for attracting both local and tourist clientele.

Ideal Location in Lagos: The address of the restaurant is 16, Rua Soeiro da Costa, a prime location in one of the most dynamic and sought-after neighborhoods in Lagos. The street is close to numerous shops, restaurants, and tourist attractions, and is easily accessible from various points of the city.

The area benefits from high pedestrian traffic, guaranteeing maximum visibility for the establishment. Lagos, a charming city, is a popular tourist destination, particularly for its beautiful beaches, historic center, and numerous restaurants and bars. The neighborhood where this restaurant is located is bustling, offering plenty of opportunities to attract a diverse clientele.

Just a few steps from the restaurant’s location, you’ll find green spaces such as the Príncipe Real Garden, as well as public transportation that makes it easy to access the center of Lagos and other neighborhoods. The area is also home to many shops and has a friendly atmosphere. The location in this dynamic Lagos neighborhood, close to the beaches and tourist attractions, guarantees a diverse and loyal clientele.

Whether for locals or tourists, this location is perfect for a successful restaurant. Additionally, Rua Soeiro da Costa is located in an area with ample parking options, making it easy for customers to access the restaurant. The proximity to local tourist attractions and popular spots makes this an ideal location for developing a business.

Usage License No. 141-1995, issued by the City Council of Lagos on 20/06/1995. Don't miss this unique opportunity to acquire or lease this stunning restaurant space. Contact me today to schedule a visit and take the first step toward your next big venture! *This property is sold on an exclusive basis. *An opportunity not to be missed! *I speak French, Portuguese, English, and Spanish. *I share the commission 50%-50% with all agencies.  #ref: 132793
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Property on Map

#132793

Currency Exchange

Lagos, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €620,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€620,000 £510,818 £532,859 £22,041
Property Price € €620,000
Minimum cost in the last six months £510,818
Maximum cost in the last six months £532,859
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,041

Lagos, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €620,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€620,000 £510,818 £532,859 £22,041
Property Price € €620,000
Minimum cost in the last six months £510,818
Maximum cost in the last six months £532,859
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,041

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £22,041 more.

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