Full Description
Mixed-Use Building for Sale in Latsia area, Nicosia. The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops etc. In addition, it enjoys excellent access to the city center.
The property comprises a total covered area of 616 sq.m. and consists of a spacious ground-floor retail unit, mezzanine level, and basement area. The ground floor extends to 227 sq.m. and features a large open-plan showroom/retail space, bar area, three storage rooms, accessible toilets, a children's area, staff kitchen, and staff toilet. The mezzanine level of 80 sq.m. includes two rooms and separate male and female toilets. The basement area of 309 sq.m. is currently used for parking and storage purposes and benefits from both internal staircase access and an external ramp.
The property enjoys excellent exposure on two roads, making it suitable for a wide range of commercial uses. It also generates an annual rental income of €1,380 from an existing billboard lease agreement.
This is an excellent investment opportunity in a well-established commercial location with high accessibility and strong frontage.
Title deed available for the land
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