Limassol Property, Commercial Building with Prime Location.

€2.100.000

Description

CM11863

Commercial building with a shop at the ground and mezzanine level plus a basement to be used as a store and 3 floors of office space, located on the highly commercial avenue in Limassol near to the junction leading to the new port.

Features:

Numerous parking spaces

Easy access

Great Exposure

 

Square Meters:

Land area: 782 sq.m

The total covered area of the project is 1.515 sq.m

Selling Price: €2.100.000 /Annual Rental Income: €92.568

Annual Yield 4.12%

*IMPORTANT NOTE:

An investor may buy the owner company thus not paying transfer fees having considerable savings.

 

The retail store of the property is at present let to a Pet Shop since 2016 at a current rent of 2,500 euro per month.

The 1st floor is let to EZ Metals Overseas Ltd since 2012 at a current monthly rent of 1,650 euro.

2nd & 3rd floor is rented by X- Spot Markets Ltd since 2016 at a monthly rate of €1,512 euro per floor.

Location

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