Premium New development

1 Bed Commercial for sale

Teguise, Lanzarote, Canary Islands, Spain

£1,638,655 *  [€1,950,000]

1 Bed Commercial for sale

Teguise, Lanzarote, Canary Islands, Spain

£1,638,655 *  [€1,950,000]

Property Details


  • Bedrooms: 1
  • Bathrooms: 3
  • Plot size: 536 m2
  • Habitable space: 524 m2

Features


  • Furnished
  • Terrace
  • Internet

Full Description


An exceptional opportunity – Lanzarote Investments is delighted to present for sale the historic cinema in the 600-year-old town of Teguise. This characterful building, situated in a prime location in the island’s former capital, has operated as a successful antiques and curiosities business for the past 25 years.

Currently trading as Emporium, this well-established company was founded in 1999 and has since become a leading name in importing unique and antique furnishings to the Canary Islands, with a strong presence in Lanzarote. Emporium is renowned for offering pieces of outstanding beauty and distinctive design, all priced to be accessible to a wide range of buyers.

The property features a spacious retail area of 300m². The original projection room has been thoughtfully converted into a compact apartment, offering convenient on-site accommodation.

A highlight of the property is its roof terrace, which provides spectacular views over the surrounding volcanoes and the picturesque town of Teguise.

The premises are being sold as a going concern, including the full inventory – a rare turnkey investment in one of Lanzarote’s most historic and charming settings.

Don’t miss this remarkable opportunity and contact us today!
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This property listing (ref: L325037) is an advertisement supplied by Lanzarote Investments and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8403 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.