Commercial Property for sale in Tenerife South

For sale The property was added on 2/10/2020 12:39:08 PM.FormatDate()
Property details

Opportunity to invest in a substantial commercial property and an established restaurant business located in a small picturesque village in the south of Tenerife with spectacular views over the ocean and the neighboring islands of La Gomera, La Palma and El Hierro. The property built in 2003 measures 500 m2 and spreads over 2 floors.

The main floor is occupied by a restaurant famous for its delicious barbecued meats and Canarian specialties. This family-managed restaurant has a respectful name and is regularly visited by both residents and tourists for an unforgettable experience of tasting most fresh and delicious food in an authentic environment with gorgeous views. Large well-equipped and properly maintained kitchen leaves no wish open for an experienced chef. The restaurant's dining area seats comfortably 50 guests and there are 3 outside terraces which can host up to 60 additional guests. There is also a separate bar with own terrace and bathrooms which can be either transformed into a separate small business or used as a drinks and cocktails bar adjoining to the restaurant. The half basement floor which has direct access from the street is utilized as a storage and office space at present. There is also

The half basement floor which has direct access from the street is utilized as a storage and office space at present. There is also premises with a separate entrance currently used for a small minimarket, the only one in the village. This half basement floor can be potentially transformed into additional commercial premises which can be rented out bringing an additional income. This commercial property would suit for serious investors looking for an established Tenerife restaurant business and substantial additional commercial space which can be used either for own expansion or can generate income from renting.

Tenerife South
Commercial Property
EPC: Pending
1,680,000
Ref: 1292
First listed on

€1,680,000

Ref: 1292 Approx. £1,427,916

Marketed by FRINA Tenerife SL - Business Sales

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About the area

The towns and villages incorporated in our 'Other Areas' grouping mainly lie to the North of the TF-1 motorway.

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  • Calle Colon, 1st Floor, Local 218
  • Puerto Colon
  • Adeje 38660