Shop in Strovolos, Nicosia
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Auction
- Lot 65
- Cyprus
- Retail
- Commercial
Sold for €76.000
Property Summary
- Ground-floor shop with mezzanine and basement.
- Extending to approximately 37 sq. m. of ground floor area, 18 sq. m. of mezzanine area and 18 sq. m. basement area.
- Subject to a tenancy with total current rent of €4.666 per annum.
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Property description
- Ground-floor shop with mezzanine and basement.
- The property is currently used as a security alarm shop.
- The asset comprises of an open plan space on the ground floor, a mezzanine and a storage room in the basement.
- The asset has a separate title deed.
- We are informed that the subject property extends to approximately 37 sq. m. of ground floor area, 18 sq. m. of mezzanine area and 18 sq. m. basement area.
Location
- The property consists of a shop located in Apostolos Varnavas and Ayios Makarios quarter, Municipality of Strovolos, Nicosia, under Reg. No. 13/4483.
- The property adjusts at Limassol Avenue, one of the main commercial Avenues of Nicosia with much traffic during daytime.
- The immediate area is well developed with commercial developments, such as retail and office units, as well as with residential developments.
- The assets has excellent accessibility towards the city centre and the surrounding areas.
Tenancy
- The property is subject to a tenancy at a current rent of €4.666 per annum (Tenant not affected).
- R.O.I. 7.18%
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 mezzanine and basement
- Interested parties are recommended to undertake their own inquiries to confirm property measurements.
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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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