Shop in Aradippou Municipality, Larnaca
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Auction
- Lot 3
- Cyprus
- Retail
- Commercial
Sold for €115.000
Property Summary
- A ground floor shop with mezzanine and yard.
- Extends to approximately 101 sq. m. of internal area and approx. 39 sq. m. of mezzanine floor.
- Subject to a tenancy with a current rent of €6,000 per annum. (Tenants not affected)
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Property description
- Ground floor shop No. 7 with mezzanine floor No. 7 and yard No. 8.
- Separate Title Deed.
- The building was constructed approximately in 1993.
- We have been informed that the property extends to approximately 101 sq. m. of internal area and 39 sq. m. mezzanine floor.
- The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.
Location
- The property is located in Agios Fanourios quarter, within Aradippou Municipality, in the district of Larnaca, under Land Reg. No. 5/882.
- The property abuts on the service road of Eleftherias Avenue, approximately 500 m. north of AEK Arena football stadium, approximately 740 m. northwest of Metropolis Mall of Larnaca and approximately 3.2 km south of Rizoelia roundabout which connects Larnaca – Nicosia – Famagusta.
- The immediate area of the property consists of commercial units such as shops, offices and showrooms as well as residential units such as houses and apartment buildings.
Tenancy
- Subject to a tenancy with a current rent of €6,000 per annum. (Tenants not affected)
Accommodation
The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:
- Ground floor shop with mezzanine and yard.
- It is recommended that interested parties 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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