Commercial building in Nicosia 848004 for sale Cyprus

Commercial building in Pera Chorio Community in Nicosia District. It is located at a distance of 290 meters (approx.) north of Pera Chorio Police Station. The property enjoys excellent access to the motorway and to the neighboring communities and municipalities. It is ideally situated close to all necessary amenities and services such as supermarkets, cafes, bakeries, shops etc.The building was constructed in 2005 and its level of construction and maintenance is good. It comprises of a basement, ground floor, mezzanine and 1st floor.  The building operates as a bank branch. The ground comprises of a unified shop area, kitchen, hygiene areas and office spaces. The mezzanine consists of 6 offices spaces, kitchen and hygiene areas. The 1st floor consists of 6 office spaces and a conference room. The basement consists of 4 storages. Externally the property comprises of parking spaces.The total area of the building is 1100 sqm (approx.) and the basement 300 sqm (approx.).The building is rented by a Bank for €9060/month and a yield of 4.5%.The property is considered as an appealing investment opportunity. 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. 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. District: Nicosia Municipality: Pera Chorio
Total covered area: 880 sqm
Plot: 3569 sqm
Resale built in 2010

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