Auction
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Commercial Building in Lythrodontas, Nicosia

  • Auction
  • Lot 29
  • Cyprus
  • Commercial Building
  • Commercial

Reserve €95.000

Property Summary

  • Commercial unit in Lythrodontas, Nicosia.
  • Extending to approx. 143 sq. m. of enclosed area.
  • Approved architectural plans as a two-storey building with a workshop on the ground floor and an apartment on the 1st floor.
  • Title deed available.
  • Vacant possession.

Contact Us

# info@cy.bidx1.com
# info@cy.bidx1.com
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

# info@cy.bidx1.com
# info@cy.bidx1.com
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Commercial unit in Lythrodontas, Nicosia.
  • We are informed that the property extends to approx. 143 sq. m. of enclosed area.
  • The property relates to a ground floor, detached commercial unit situated in Lythrodontas community.
  • The ground floor has been constructed around 1999, within a registered plot with a total area of 468m², which abuts Andoni Symeonidi street along its northwestern boundary with a frontage of approx. 18 meters.
  • The ground floor workshop consists of a kitchen, two W/Cs and two open plan spaces.
  • There are approved architectural plans, the subject asset as a two-storey building with a workshop on the ground floor and an apartment on the 1st floor.
  • The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

Location

  • The property is located in Lythrodontas community, Nicosia District under Land Reg. No. 0/27650.
  • It is situated approx. 320 meters southwest of the traditional core of the homonymous community, approx. 4.7km southeast of the traditional core of Kapedes community and approx. 650 meters soutwest of Meletio Elementary School of Lythrodontas premises.
  • The wider area of the property consists of both commercial and residential development.

Tenancy

  • Vacant possession.

Accommodation

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

  • We are informed that the unit area extends to approx. 143 sq. m. of enclosed area.
  • Interested parties are recommended to 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

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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