Property description & location
Large shop with mezzanine level, in an excellent location in Agia Paraskevi Quarter, in Lakatameia Municipality, of Nicosia District.
In general, it is an excellent location with high demand for properties, due to its attractiveness and accessibility.
The shop is located on the ground floor of a three-storey building, which was built approximately in 1979. The shop was formed by the unification of four adjacent shops and its level of construction and maintenance is good. The shop consists of an open plan area on the ground floor and a storage area on the mezzanine level. The area of the ground floor is 324sq.m (approx.) and the mezzanine’s is 124sq.m. (approx.). It has a large shopfront with high visibility.
It is important to be noted that the property has separate title deed.
The shop is currently rented with monthly rent of €2175/month and a yield of 5.5%.
The above price might be subject to VAT.
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The shop is