Commercial for sale
Paphos, Cyprus
£1,850,917 *
[€2,200,000]
Full Description
A four level modern building, erected on an individual plot with existing separate title deed. The property is serviced with an elevator and an abundance of parking spaces all around the plot. The plot area: 629m². Total rentable area 969m²
Situated just off the central roundabout of the Debenhams Mall and 200 meters from the main highway system that connects all cities, airports and ports. • 1 minute from Debenhams Mall
• 1 minute from Plus supermarket
• 3 minute from General Hospital
• 0 minutes from Private Hospital
• 1 minute from Sports Stadium
• 3 minutes from Government Offices and Courts
• 10 minutes from the Paphos International Airport
Ground floor shops are currently leased to a kitchen manufacturer for the last four years and consists of seven individual shops presently in an open plan configuration, with high ceilings and also includes a mezzanine level with a combined total of 468m²The first floor office space is currently leased to a construction and development company for the last several years. The total covered area, including a 24m² covered balcony, is 303m². The second floor office space is currently leased to a world leading UK international tour operator for the last several years. This space has a covered area of 198m², plus an extra 80m² of open air balconies.
Guaranteed rental income for 3 years at 5%
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