Two unified ground floor shops with a mezzanine level and basement which are being sold as a single property. They are situated in a central location in Agios Antonios quarter of Nicosia municipality and abuts onto Kallipoleos Avenue (No 26), at a distance of approximately 650 meters northwest from the A’ Technical School of Nicosia.

The property is situated close to a plethora of amenities and services such as shops, restaurants, schools etc. In addition, it enjoys good access to the Nicosia city center and the main town routes. The area is very active for both commercial and residential use with intense mobility throughout the day.

The shops (No. 3 & 4) have been unified and they operate as a single entity. The unified shop is located on the ground floor of a mix use building named “Vasiliki 2” and it is approximate 40 years old. The ground floor consists of an open plan customer area and a mezzanine with shower, toilet, office and  an open plan area. The basement is an open plan area and it is accessible though an internal staircase and an external ramp.

The unified shop has total covered area of 74sqm plus 41sqm mezzanine and a basement of 211sqm.

The shops have a separate title deed.

It is noted that the unified shop is rented for €1,200/month with yield of 5,5% .

THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

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The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

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District: Nicosia

Municipality: Nicosia Municipality

Quarter: Agios Antonios

Unit No: 3 & 4