Commercial building built on a 7.173m2 plot of land in Agios Athanasios area, parallel to Limassol – Nicosia Motorway. The immediate surrounds are highly commercialized with shops, offices and showrooms of large commercial and automobile organizations.
Direct access from the Motorway
The total development is 4.371m2 and it is spread over 4 levels: the ground and the first floor which are the main commercial areas, the second floor which is the office and the basement level.
Total Parking spaces 80
Land Area: 7.173m2
Ground Floor – covered area 1.358m2
First Floor – covered area 1.358m2
Second Floor – covered area 155m2
Basement – covered area 1.500m2
Yearly Rent: 252.000 euro / Annual Yield: 3,36% .
There are 1152 sq.m office space available, to be used for future development, witch will be
increase the yield to 5%.
Note1: Grade “A” Tenant – Sports Direct (term of 10 years from 10 November 2015 at a current rent of €262,080 euro annum)
The lease provides for rent reviews and increase 4% every 2 years.