Auction
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Commercial Building in Makedonitissa, Egkomi, Nicosia

  • Auction
  • Cyprus
  • Commercial Building
  • Commercial

Reserve €495.000

Bidder Security €7.000 *fully refundable if unsuccessful bidder
Auction Date 30 July
Bidding Opens 11:00 (GMT+3)
Bidding Closes To be Confirmed

Property Viewings

Viewings have not yet been scheduled for this property.
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Property Summary

  • Commercial Building with basement, ground floor, mezzanine and a first floor.
  • A semi-detached commercial building with a valid license of use for a Bakery/ Confectionery.
  • Extending to approx. 445 sq. m of enclosed areas.
  • Title deed available.
  • 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

  • Commercial building which consists of a basement with covered parking, toilets and food preparation area, a ground floor which consists of a large shop area, a mezzanine with food preparation area, and a first floor with open plan office area, toilet and access to the roof veranda. The floors are connected with an elevator.
  • We are informed that the plot area extends to approx. 266 sq. m.  and the Building area consists of approximately 185 sq.m. of basement, 130 sq.m. of ground floor area and 130 sq.m.  of mezzanine area.
  • Central location.
  • Separate title deed.
  • Valid license to use as a Bakery/Confectionery. All necessary permits and approvals for the operation of a Bakery/Confectionery business are in place.
  • Vacant possession.

Location

  • The property is located in the Municipality of Egkomi, Makedonitissa area in Nicosia district, under Land Reg. No. 0/9536.
  • The asset is ideally located in one of the most commercial areas of Egkomi in Lykavitou Avenue.
  • The wider area of the property consists of both commercial and residential development such as shops, restaurants, office spaces, blocks of flats etc.

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 building area extends to approx. 445 sq. m of enclosed areas.
  • 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. BidX1 is a trading name of Islander Estate Agencies Limited, which is located in Cyprus. Licence No. 579/E and Reg No. 1367.

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