Tenancy
| Unit | Rent per Annum |
| Ground Floor Shop south-east | € 4.800 |
| Ground Floor Shop south | € 7.200 |
| Total | € 12.000 |
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Auction
Ground floor shop in Neapoli, Limassol
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Auction
- Lot 27
- Cyprus
- Retail
- Commercial
Sold for €211.000
Property Summary
- Ground floor shop in Neapolis area of Limassol.
- Extending to approx. 108 sq. m., 61 sq.m. mezzanine and 136 sq.m. storage
- Subject to two tenancy agreements at a current total rent of €12.000 per annum (Tenant not affected).
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Property description
- Ground floor shop situated on a seven-storey building consisting of a shop on the ground-floor, a mezzanine and a storage in the basement.
- We are informed that the subject property extends to approx. 108 sq. m., 61 sq.m. mezzanine and 136 sq.m. storage.
- Built in 1982.
Location
- Located in Neapolis parish, within the Municipality of Limassol, Limassol District, under Land Reg. No. 3/53797.
- The asset is situated on the corner of Griva Digeni and Stratigou Gianni Timagia streets.
- It is located approx. 250 meters north from 28th of October avenue (Coastal road) and the beachfront and approx. 450 meters south from Kolonakiou-Griva Digeni crossing.
- The immediate area is well developed with mixed use buildings.
Tenancy
- Subject to two tenancy agreements at a current total rent of €12.000 per annum (Tenant not affected).
- R.O.I. 9.23%
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 mezzanine and a storage in the basement.
- 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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