Property Description

We are pleased to put on the market this very large working restaurant that includes a large land plot by the seaside, on Pasteleiro, Feteira parish, just outside Horta city on Faial island.

This is a long established, very well known, restaurant situated in a prime tourist area of Faial’s south coast. The building is modern and very large. The restaurant can seat 200 patrons. There’s an entrance foyer, public restrooms, a 40 seat main dinning room with a fantastic view over the ocean and an outside terrace. There is also a very large banquet room that is used for bigger events, that can seat 160 persons. The technical area of the restaurant includes a large kitchen, fully equipped, several pantries and store rooms, a large freezing chamber, a small office and the staff’s restrooms and showers. The building is recent and is in good condition. All electrical and plumbing systems are in working order. The restaurant has all the necessary licences and inspections. The restaurant will be sold inclusive of all equipment and furniture.

This is an urban property with a registered surface of 1930m2. Outside there’s a large parking lot in front of the building. Behind there’s another large parking area and still a big agricultural field with an amazing view over the ocean and to Pico island.

Tourism in Faial has been steadily growing and the demand for good restaurants is at an high. This could be a fantastic business opportunity.

The property sits on the scenic coastal road, just between Horta city and Feteira village. The area is very pleasant and there are several swimming areas nearby that will supply a continuous flow of hungry patrons all throughout the summer season. As this is good quality, moderately priced, well known restaurant with a large capacity it is very popular lunchtime venue and sought after by local residents all year round.

It is now on the market for a reduced price, so don’t let it get away. Contact us right now for a visit!