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Commercial for sale

Kato Polemidia, Limassol, Cyprus

£2,050,756 *  [€2,400,000]

Commercial for sale

Kato Polemidia, Limassol, Cyprus

£2,050,756 *  [€2,400,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 521 m2
  • Habitable space: 1515 m2

Features


  • Double Glazing
  • Private parking (uncovered)
  • Beach: 10 min drive
  • Town: Walking distance
  • Commercial zone
  • No VAT

Full Description


The building is located on the commercial road of Makedonias Avenue in Limassol, close to the junction leading to the New Port. The building is built on a plot of 521m with additional parking on an adjacent plot of  261m. It has a basement, a ground floor, a mezzanine level shop and 3 floors of offices, with a total building area of 1,515m.



Floor
Covered
Mezzanine
Total


Ground Floor
220m2+
220m2
840m2


 
400m2 Basement
 
 


Office 101
225m2
 
225m2


Office 201
225m2
 
225m2


Office 301
225m2
 
225m2


Total Building area
(+adjacent plot of 261m2)
 
1,515m2



 
Annual Rental Income: 86,580€
Yield: 3.61%
Important Note: An investor may buy the Owner company thus not having to pay transfer fees and resulting in considerable savings.

Map may not show exact location