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Shop in Ayioi Omologites, Nicosia

  • Auction
  • Lot 36
  • Cyprus
  • Retail
  • Commercial

Sold for €122.000

Property Summary

  • Ground floor shop with storage area.
  • We are informed that the property extends to approx. 100 sq. m. of internal area. 
  • Subject to a tenancy at a curreny rent of €7,800 per annum.

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

Contact Us

Solonas Charalambous
Solonas Charalambous
Property Agent, here to help.
Loukis Papaphilippou & Co LLC
Vendor's Solicitor

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Property description

  • Ground floor shop with storage area
  • Subject to a tenancy at a current rent of €7,800 per annum.
  • Separate Title Deed.
  • We are informed the property extends to approx. 100 sq. m. of internal area.

Location

  • Located in Ayious Omologites parish, within the Municipality of Nicosia, Nicosia District, under Land Reg. No. 3/1731
  • The asset is adjacent to Karpenisiou Street and it is located approx. 200 meters North of Kennedy Avenue, approx. 170 meters South of Arch. Makariou III avenue and approx. 150 meters West of “The Landmark Hotel”.
  • The immediate area is commercial use (i.e. bakery, supermarket, café, restaurants etc) and residential with apartment buildings. The asset benefits from easy access to the city centre.

Tenancy

  • Subject to a single tenancy with total current rent of €7.800 per annum (Tenant not affected).
  • R.O.I.  9.18% 

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:

  • Ground floor shop with storage area
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT Not Applicable.

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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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