#15188

For Sale, Mixed Use Commercial Building in Latsia, Nicosia

695,000€

#15188

For Sale, Mixed Use Commercial Building in Latsia, Nicosia

695,000€

covered_area_amount 227m²
parking -

Resale 1999

Property Description

Prime Corner Retail Shop with excellent street frontage located in the commercial area of Agios Eleftherios, Latsia, Nicosia.

Property Highlights:
• Internal Ground Floor Area: 227sq.m.
• Mezzanine Area: 80sq.m.
• Basement Area: 309sq.m.
• Total Road Frontage: Approximately 39m, on Archiepiskopou Makarios III Avenue and Iroon Street

Financial Performance:
Current Annual Rent: €1,380 (billboard lease income).

Internal Layout:
• The property features a spacious open-plan retail area on the ground floor with a bar area, three storage rooms, an accessible toilets, kids’ area, staff kitchen, and staff toilet.
• The mezzanine comprises two rooms and separate male and female toilets
• The basement is used as a parking/storage area and benefits from both internal staircase and external ramp access.

Location:
• Abuts on Archiepiskopou Makariou III Avenue
• Approximately 130m southwest of Agios Eleftherios Church
• Approximately 305m east of 3rd Primary School of Latsia

The property has a separate title deed.

Pending issuance of Energy Performance Certificate.
Brochure

Property Info

15188
695,000€
Nicosia

Details

Construction Stage: Resale
Furnished: Unfurnished
No. of Floors in building: 1
Construction Year: 1999

Areas

Covered Area: 227m²
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Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.

 

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Mixed Use Commercial Building in Latsia, Nicosia

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