Shop for sale in Limassol Municipality, Limassol

Shop with mezzanine in a lively and central location in Agia Napa Quarter in Limassol Municipality. It is facing the popular Anexartisias street at a distance of 200 meters (approx.) southeast of “TEPAK” and 100 meters (approx.) north of the coastline (Limassol Molos).The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, supermarkets etc. In addition the property has excellent access to the Municipality Center, the Limassol Promenade and to Limassol Marina. It is an excellent location with intense mobility throughout the day which designates an increased demand for commercial properties.The shop is in a good condition and consists of ground floor of 80sqm (approx.) and a mezzanine level of 37sqm (approx.) as well.The property operates as a retail shop. However on the title deed it is registered as a hotel with right of use of unexhausted building density on the 1st and 3rd floor. It is also noted that part of the shop entrance intervenes to the adjacent parcel no. 582. The shop is vacant and it is considered as an excellent investment opportunity as  it can be rented  with a high yield. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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: Limassol Municipality: Limassol Municipality Quarter: Agia Napa