Prime Corner Location Retail Unit, in Nicosia center

For Sale / EUR 790.000
357 70007700
or  

Property ID:
VL22993
Office Code:
NEAL
Type:
Shop
Total Floors:
1
33
2
243
Area:
Town Center
District:
Nicosia
Year Built:
2008
Covered Internal Area:
251 m2
Bathrooms:
2
Energy Rating:
C
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DESCRIPTION
An exceptional investment opportunity in Nicosia?s vibrant commercial center, this prime corner retail unit is ideally situated in Agioi Omologites, offering high visibility and excellent accessibility.

Property Overview:
? Total Built Area: ~251 sq.m.
? Energy Category: C
? The property has acquired a separate title deed.

Layout Details:
Ground Floor:
? Spacious open-plan layout
? Fully equipped kitchen facilities
? Storage room
? Guest restrooms

Mezzanine (Approx. 135 sq.m.):
? Additional open-plan space
? Men?s and women?s restrooms
? Changing rooms
? Staff restrooms with shower
? Second kitchen
? Extra storage space

Outdoor Spaces:
? Covered Area: 28 sq.m.
? Uncovered Area: 120 sq.m.
? Exclusive Use of External Pavement: ~148 sq.m.

Parking:
? Total Covered Spaces: 13
o 6 in the basement
o 7 on the second basement level
________________________________________
Investment Highlights:
? Current Yield: 5.3% ROI
? Lease Term: Active until November 2030
o Includes 2% annual rental increases
o Optional 5-year renewal included in agreement
? Ownership: Separate title deed available
________________________________________
This asset offers excellent long-term income potential, thanks to a stable lease agreement and flexible usage options, including retail, dining, or showroom operations. The combination of generous indoor and outdoor spaces makes it especially appealing for businesses seeking high-footfall locations in Nicosia?s core.
MAIN PROPERTY FEATURES
Garage / Designated Parking  
This shop in Town Center, Nicosia is being offered for sale at EUR 790.000.

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