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High Yield Producing Asset-Retail Unit in Sotiros, Larnaca

  • Auction
  • Lot -
  • Cyprus
  • Land/Site
  • Commercial

Sold for €67.000

Property Summary

  • A ground floor shop with a basement and a mezzanine.
  • We have been informed that the property extends to approx. 39 sq. m. of internal area, approx. 20 sq. m. of mezzanine and approx. 37 sq. m. of basement. 
  • Subject to a tenancy with a current rent of €5,760 per annum. Tenants not affected.

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Ground floor shop No. 14 with mezzanine and basement. 
  • Separate Title Deed.
  • Built in 1994.
  • One parking space available.
  • We have been informed that the property extends to approx. 39 sq. m. of internal area, approx. 20 sq. m. of mezzanine and approx. 37 sq. m. of basement. 

Location

  • The property is located in Sotiros quarter, within Larnaca Municipality, in the district of Larnaca District, under Land Reg. No. 2/1652.
  • The property abuts on Papanikoli Avenue, approx. 25 m. of Spyrou Kyprianou Avenue.
  • The immediate area features commercial and residential developments.

Tenancy

  • Subject to a tenancy with a current rent of €5,760 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 basement. 
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

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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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