Auction
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Shops in Trypiotis, Nicosia

  • Auction
  • Lot -
  • Cyprus
  • Retail
  • Commercial

Sold for €186.000

Property Summary

  • Two unified ground floor shops used as one shop in Nicosia city centre.
  • Extending to approximately 86 sq. m.
  • Subject to a tenancy with total current rent of €12.960 per annum (Tenants not affected).

Contact Us

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

Contact Us

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

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Property description

  • The property consists of two consecutive shops, that united into one shop, with unit no. 4+5 situated on the ground floor of a 4-storey mixed-use building.
  • The building was constructed at 1970 and consists of shops on the ground floor and a total of 10 apartments on the floors above.
  • Each unit has a separate Title Deed.
  • We are informed that Shop no. 4 extends to approximately 42 sq.m. and Shop no. 5 extends to 44 sq.m. of internal area.
  • The shop is considered to be in a very good state of maintenance. 

Location

  • Located in Trypiotis Parish, in Nicosia Municipality, Nicosia District under Land Reg.No 25/2608 and 25/2609.
  • The property is situated on Themistokli Dervi street, approx. 80 m. north of the crossing of Digeni Akrita – Spyrou Kyprianou – Nikis and Themistokli Dervi streets, approx. 400 m. west of the Archiepiskopou Makariou III Avenue, approx. 700 m. southwest from Elefteria square and the city centre.
  • The immediate area is characterised a popular commercial area with numerous retail shops and office buildings. 

Tenancy

  • The property is subject to a tenancy at a current rent of €12.960 per annum (Tenant not affected).
  • R.O.I. 8.10%

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:

  • Two unified ground floor shops with a total internal area of 86 sq.m.
  • 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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