Lot 44 – Retail Unit and Offices, Agios Georgios (Tsireio Area), Limassol

Bidding Closed

SOLD FOR

910.000 €

Property Enquiries

Kritonas Onisiforou

kritonas.onisiforou@bidx1.com
+357 96 684685

Viewing Registration / Enquiries

BidX1 Support Team

info@cy.bidx1.com
+357 22 000380

Vendor Lawyer

Loukis Papaphilippou & Co LLC

l.papaphilippou2@papaphilippou.eu
+357 22271000
Description
Map
Viewings

Property Summary
  • Four-level building consists of basement, a shop on ground floor and four offices on 1st and 2nd floor.
  • Shop extends to approximately 225 sq. m. + 96 sq. m. mezzanine.
  • 1st and 2nd floor offices extend to approximately 392 sq. m. total.
  • Subject to three tenacy agreements at a total current rent of €50.664 per annum. 
Location
  • Located in Ayios Georgios parish, within the Municipality of Limassol, Limassol District, under Land Reg. No. 1/23.
  • The property is adjacent to Vasileos Konstantinou street, approx. 150 m Southwest of Tsireio Football Stadium, approx. 150 m South of the main highway Limassol – Nicosia – Paphos and approx. 150 m from Ayia Fylaxis roundabout.  
  • The immediate area is mainly characterized by mixed-use properties, including residential and commercial.
Description
  • Four level building which consists of basement, a shop on the ground floor and offices on the 1st and 2nd floors.
  • Shop consists of an open plan shop area of approx. 225 sq. m. and a mezzanine floor of 96 sq. m.
  • The office space is a total of 392 sq. m. on the 1st and 2nd Floor of the building.
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:

  • Basement parking spaces
  • Ground-floor shop
  • 1st and 2nd Floor offices
  • Interested parties are recommended to undertake their own inquiries to confirm property / building measurments.
Tenancy
  • Subject to three tenancy agreements at a total current rent of €50.664 per annum (Tenants not affected). 
VAT
VAT Not Applicable.
Property Table

UNIT

TYPE

ANNUAL RENT INCOME

Ground Floor

Shop

€28,008

1st Floor 101 & 102

Office

€14,400

201

Office

Vacant

202Office€8,256

TOTAL

 

€50,664


Islanders Estate Agencies Ltd as a licensed Estate Agent, T/A BidX1 Cyprus Sales

Registration No: 799 / Licence No: 376/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.