Commercial Building for sale in Dali, Nicosia

Two-storey building in an excellent location in Agios Constantinos & Eleni, in Dali Municipality, in Nicosia District. It is located on B1- Limassol Avenue, at a distance of 830 meters (approx.) south of “Carlsberg” factory, 600 meters (approx.) southwest of “Saints Constantinou & Eleni” church in Ilioupoli area and 400 meters (approx.) east of Nicosia – Limassol motorway.The property is ideally situated close to many amenities and services. In addition, it has excellent access to the industrial areas of Dali and Latsia Municipalities and the motorway.The building  was constructed 12 years ago (approx.), it is in a very good state of condition and consists of a ground floor shop with mezzanine level, one upper floor with offices and a basement with parking spaces. The area of the shop is 340 sqm (approx.), the mezzanine 220 sqm (approx.), the floor 260 sqm (approx.), the covered veranda 75 sqm (approx.) and the basement 557 sqm (approx.). According to the planning permit, the plot with reg. number 13/2122 is legally bound to be used as a parking space for the building.The building is rented with rent €5978/month and a yield 5.3%. It 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: Dali Quarter: Agioi Konstantinou & Elenis