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Mixed-use Building in Ayios Fanourios (parish), Aradippou, Larnaca

Mixed-use Building in Ayios Fanourios (parish), Aradippou, Larnaca

Property Tenders

€700,000

  • Mixed-use Building in Ayios Fanourios (parish)
  • Aradippou

Property ID :

 BID-CY0110214015

Area
196 m2

Description

Property Summary
  • Mixed-use Building in Aradippou Municipality
  • The building comprises of one shop on the ground floor and offices on the two upper floors (total of 7office units).
  • We are informed that the ground floor extends to approx. 196 sq. m., mezzanine of 100 sq.m., 1st floor of 216 sq.m. (plus 18 sq.m. covered verandas), 2nd floor of 162 sq.m. (analytically in the table below).
  • The ground floor units are vacant while the rest of the units are occupied by tenants (See table below).
Location
  • The property is located in Ayios Fanourios quarter, of Aradipppou municipality, Larnaca district, under Land Reg. No. 6/1124.
  • The property is located opposite (northwest) of Lidl supermarket and approx. 145 m. east of the round-about connecting Aradippou-Industrial area-Larnaca.
  • The immediate area is predominately commercial with a supermarket and buildings of mixed-use with shops on the ground floors and offices/apartments on the upper floors.
Description
  • Three-storey mixed-use building.
  • The building comprises of one shop on the ground floor with mezzanine floor and offices on the two upper floors (total of 7office units).
  • The ground floor units are vacant while the rest of the units are occupied by tenants (See table below)
  • We are informed that the ground floor extends to approx. 196 sq. m., and approx. 100 sq.m. of mezzanine, 1st floor of approx. 222 sq.m. , 2nd floor of 162 sq.m. (analytically in the table below).
  • We are informed that the building was constructed in 2009.
Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • 1 x Shop with mezzanine floor
  • 7 x Office units,
  • Interested parties are advised to undertake their own inquiries to confirm property / building measurements.
Tenancy
  • We were informed that the ground floor units are vacant while the rest of the units are occupied by tenants (See table below). The monthly rents shown in the table below are indicative.
Zoning
  • The property falls within the Εβ5 Commercial Zone which allows for 120% building density, 50% building coverage, 3 floors and up to 13,50 m. height.
VAT
VAT not applicable – Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT
Property Table
Level Enclosed area Monthly Rent
Ground floor 196  

Vacant

Mezzanine 100
Unit 101 50 €416
Unit 102 60 €416
Unit 103 60 €232.50
Unit 104 52 €232.50
Unit 201 56 €416
Unit 202 53 €292.50
Unit 203 53 €292.50
Yearly Rent €27,576

 

* All monthly rents above are indicative.

This property will be sold by digital auction
• Reference No: CY0110214015 (R-5592)
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Agent BidX1

Office : +357 22 000380

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