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Shop with mezzanine level in an excellent location in Agios Antonios Quarter, in Nicosia Municipality of Nicosia District. It is situated at a distance of approximately 120 meters southeast of Griva Digeni Avenue and at a distance of approximately 265 meters west of Lykavitos Primary School.It is ideally situated close to plethora of amenities and services such as shops, supermarkets, restaurants, banks, hotels etc. In general, the area is very active for both commercial and residential use with intense mobility throughout the day.The shop was formed from the unification of two adjacent shops, on the ground floor of a five-storey mix use building. It consists of a display area and a room on the ground floor and a kitchen, storage area and WC on the mezzanine level.The ground floor area is of 45sqm and the mezzanine’s 22 sqm.It is important to note that the property has separate title deed.The shop is rented for €400/month with very good yield of 5.3%. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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. 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. District: Nicosia Municipality: Nicosia Municipality Quarter: Agios Antonios Unit No: 2 & 3
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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