Auction
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Restaurant in Ayios Theodoros, Larnaca

  • Auction
  • Lot 5
  • Cyprus
  • Commercial Building
  • Commercial

Sold for €334.000

Property Summary

  • A Restaurant in the “Costas Michaelides Centre”, Ayios Theodoros, Larnaca.
  • We have been informed that the property extends to approx. 255 sq. m. of internal area and 415 sq. m. of uncovered areas. 
  • Vacant Possession.

Contact Us

Andreas Peratikos
Andreas Peratikos
Property Agent, here to help.

Contact Us

Andreas Peratikos
Andreas Peratikos
Property Agent, here to help.

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Property description

  • Restaurant with parking space and storage room built in approx. 2004.
  • Separate Title Deed.
  • The restaurant benefits from an exclusive right of extra floors construction on the roof of the restaurant.
  • We have been informed that the property extends to approximately 255 sq. m. of internal area and 415 sq. m. of uncovered verandas.

Location

  • The property is located in Ayios Theodoros, Larnaca District under Land Reg. No. 0/30539.
  • The property faces onto Ellados Avenue and it is located approximately 5.7 km north-west of Zygi Marina and 1km southwest Saint Athanasios Pentaschinitis Chappel.
  • The immediate area is characterised mainly as commercial and residential featuring shops, restaurants, holiday homes and undeveloped parcels of land.

Tenancy

  • Vacant Possession

Zoning

  • The property falls within the "T3ε (100%)” Touristic Zone, which allows 40% building coefficient, 20% building coverage, 3 floors and up to 13,10 meters height.

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:

  • Ground floor Restaurant.
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

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*Terms & Conditions

Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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