Shop - Strovolos, Nicosia
Not subject to VAT
Ground shop with mezzanine in a central location in Chryseleousa quarter of Strovolos municipality. It is located on Vazantiou and Zinonos Kiteos Street (No 10), at a distance of approximately 400 meters southeast from the European University and 300 meters northeast of B’ Kykkou Lyceum.
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 shop has a corner location on the ground floor of a mix use building. On the ground floor consists of an open plan customer area and a mezzanine with toilet and a storage area. It also has access to a common basement area of approximately 260 sq.m. which, on site, is part of the store. The area of the store amounts to 90 sq.m. (approx.) and the mezzanine 20 sq.m. (approx.).
It has a separate title deed.
Τhe shop is rented for €1000/month with yield of 7,5% .
It should be noted that according to the Title Deed, the registered area of the store amounts to 102 sq.m. while the basement is a common area of the building.
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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Unit No: 1
The property is rented
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