Commercial Building for sale in Aglantzia, Nicosia

Ground floor building in the heart of Aglantzia Municipality, located 20 meters south of ‘‘METRO’’ supermarket and just 2km west of University of Cyprus. The building was constructed 20 years ago and it is kept in a good maintenance level.On the ground floor there are two shops, a mezzanine level and basement. The enclosed area is 262sqm, the mezzanine is 135 sqm and the basement is 260sqm. The building is currently rented long term, with a monthly rent of €2515/month and a yield of 4.7%.It is noted that based on an architectural study that has been carried out, there is inexhaustible building density which allows the construction of two additional floors on the existing building 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: Aglantzia