Shop Front	Shop	La Carihuela under total reform
View to La Carihuela	Studio with balcony	Studio Kitchen
Studio Bathroom	Storeroom

Details

Multi use 4 floor residential/commercial building, 263m2, 86m2plot, in prime location, 2 entrances, 3 exits. Currently operating as a commercial unit on the ground floor and with 6 studio apartments for holiday lettings with it's own website (1 unit used as the reception), large basement / storage area, garage. The premises are in excellent order and it is possible to trade immediately however there are also architect plans available to convert the property into 1 local commercial and 3 residential apartments of 80m2 each, or 8 studios, with elevator access. The ground floor shop unit is currently rented out for 5 years and an option for 5 more years, with the right to stop the lease after 4 years at owner's discretion. The rent for the shop is Euros 1,700 per month. In addition upstairs there are 5 studio's for renting out and 1 studio is now used as reception. Building permission for 3 separate apartments obtainable, drawings are approved! It is possible to obtain a residential mortgage to purchase the property and based on a recent independent valuation the amount would be around Euros 650,000. A rare opportunity to own a thriving business in the busiest tourist area on the Costa del Sol! Call for further details.