Retail premises for sale in Kato Pyrgos, Nicosia, Cyprus

£169,326 (€200,000)
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Retail premises for sale

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Property description

Commercial building in an attractive location in Kato Pyrgos Community in Nicosia District, at a distance of 380 m from the sea and 1.6 km from the port.

The property is situated close to all necessary services. In addition, it enjoys good access to the neighboring communities.

The building was constructed in 1990 and its level of construction and maintenance is good. It consists of a reception, customer service area, office space, kitchen and WC’s on the ground floor. The mezzanine consists of a storage space and an office. The building falls within the property 0/4070 and corresponds to the 2/3 shares with a land area of 1572 sqm (approx.). It is located on the southwestern part of the property (as shown with blue color on the drawing).

The property has distribution agreement.

The area of the ground floor is 90 sqm (approx.), the mezzanine 90 sqm (approx.) and the storage 80 sqm (approx.).

The building is rented to a bank with a rent of €540/month and a yield 3.2%.

Characteristics
Enclosed area: 90 m2
Mezzanine: 90 m2
Land: 2,358 m2
The property is rented

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
SLV Estates Ltd, TQ6 on +44 330 098 8971 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SLV Estates Ltd, and do not constitute property particulars. Please contact SLV Estates Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.