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Sale of Business for sale in Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto RE/MAX Portugal
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- Property typeRest/Coffee-Shop
- Leasehold € 300.000
- Area400 m²
- CountyPorto
- TownPorto
- ParishCedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória
- REFPT-125061021-1361
-
3
400 m²
400 m²
-1
-
C
Description
This is the lease of a historic and iconic commercial space intended for use as a bar and nightlife venue-the former Tendinha dos Clérigos-located in the heart of the Galerias (Baixa, Porto).
This property offers unique features in today’s market, combining an exceptional location, high licensed capacity, and an extremely competitive rental yield for this specific location.
Highlights & Key Features:
Prime Location: Situated in Porto’s busiest area with the highest nighttime foot traffic (Galerias), ensuring visibility and a constant flow of domestic and international customers.
Exceptional Size: 400sqm of usable area, allowing for a versatile layout (dance floor, service counters, lounge/VIP area, restrooms, and technical/storage areas).
Licensed Capacity: Licensed for 320 people, offering one of the largest capacities in the area.
Unbeatable Rent: Lease agreement with a fixed monthly rent of just €1,900-an extraordinarily low and rare rate for the commercial real estate market in Porto’s historic center.
Track Record of Success: A venue with strong recognition and a long-standing tradition in the city’s nightlife scene, facilitating customer loyalty and enhancing the appeal of any brand that sets up shop there.
Investment Potential:
The property meets all the technical and structural requirements to continue operating as a bar with live music, a nightclub, or a lounge bar, or to be adapted for new, innovative dining and entertainment concepts.
The combination of high guest capacity, ample floor space, and a low monthly fixed cost (rent) ensures a highly attractive profit margin and a quick return on investment.
This property offers unique features in today’s market, combining an exceptional location, high licensed capacity, and an extremely competitive rental yield for this specific location.
Highlights & Key Features:
Prime Location: Situated in Porto’s busiest area with the highest nighttime foot traffic (Galerias), ensuring visibility and a constant flow of domestic and international customers.
Exceptional Size: 400sqm of usable area, allowing for a versatile layout (dance floor, service counters, lounge/VIP area, restrooms, and technical/storage areas).
Licensed Capacity: Licensed for 320 people, offering one of the largest capacities in the area.
Unbeatable Rent: Lease agreement with a fixed monthly rent of just €1,900-an extraordinarily low and rare rate for the commercial real estate market in Porto’s historic center.
Track Record of Success: A venue with strong recognition and a long-standing tradition in the city’s nightlife scene, facilitating customer loyalty and enhancing the appeal of any brand that sets up shop there.
Investment Potential:
The property meets all the technical and structural requirements to continue operating as a bar with live music, a nightclub, or a lounge bar, or to be adapted for new, innovative dining and entertainment concepts.
The combination of high guest capacity, ample floor space, and a low monthly fixed cost (rent) ensures a highly attractive profit margin and a quick return on investment.
Location
União das Freguesias de Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto
