Retail premises for sale in Pera Chorio, Nicosia, Cyprus

£2,061,687 (€2,400,000)
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Retail premises for sale

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Property description

Commercial building in Pera Chorio Community in Nicosia District.

It is located near the Pera Chorio Police Station.

The property enjoys excellent access to the motorway and to the neighboring communities and municipalities. It is ideally situated close to all necessary amenities and services such as supermarkets, cafes, bakeries, shops etc.

The building was constructed in 2005 and its level of construction and maintenance is good. It comprises of a basement, ground floor, mezzanine and 1st floor. The building operates as a bank branch. The ground comprises of a unified shop area, kitchen, hygiene areas and office spaces. The mezzanine consists of 6 offices spaces, kitchen and hygiene areas. The 1st floor consists of 6 office spaces and a conference room. The basement consists of 4 storages. Externally the property comprises of parking spaces.

The total area of the building is 1100 sqm (approx.) and the basement 300 sqm (approx.).

The building is rented by a Bank for €9060/month and a yield of 4.5%.

The property is considered as an appealing investment opportunity.

Characteristics
Enclosed area: 880 m2
Mezzanine: 220 m2
Land: 3,569 m2
Year built: 2010
The property has a separate title deed
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.