retail for sale, Nicosia,

An exceptional investment opportunity in Nicosia’s vibrant commercial center, this prime corner retail unit is ideally situated in Agioi Omologites, offering high visibility and excellent accessibility.

Property Overview:
• Total Built Area: ~251 sq.m.
• Energy Category: C
• The property has acquired a separate title deed.

Layout Details:
Ground Floor:
• Spacious open-plan layout
• Fully equipped kitchen facilities
• Storage room
• Guest restrooms

Mezzanine (Approx. 135 sq.m.):
• Additional open-plan space
• Men’s and women’s restrooms
• Changing rooms
• Staff restrooms with shower
• Second kitchen
• Extra storage space

Outdoor Spaces:
• Covered Area: 28 sq.m.
• Uncovered Area: 120 sq.m.
• Exclusive Use of External Pavement: ~148 sq.m.

Parking:
• Total Covered Spaces: 13
o 6 in the basement
o 7 on the second basement level
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Investment Highlights:
• Current Yield: 5.3% ROI
• Lease Term: Active until November 2030
o Includes 2% annual rental increases
o Optional 5-year renewal included in agreement
• Ownership: Separate title deed available
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This asset offers excellent long-term income potential, thanks to a stable lease agreement and flexible usage options, including retail, dining, or showroom operations. The combination of generous indoor and outdoor spaces makes it especially appealing for businesses seeking high-footfall locations in Nicosia’s core.

Summary