Commercial building in a busy road with vacant possession

Space ID : VL8069

For Sale €1.400.000 - BUILDINGS
1000 m2 Ready to Move 15 Parking Spaces   Post Views: 431
 
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The building comprises of a basement with storerooms and parking, a ground floor with mezzanine and first floor.
An unutilized building density of approximately 297m2.
There are 15 parking spaces in total, 13 on basement and 2 on the ground floor. 3 storerooms are available in the basement level.
Ground Floor is 249m2 107m2 mezzanine, total 356m2 – space for 2 parking spaces which are used for the commercial space on the ground.
First floor 242m2

Basement 380m2 – 13 parking spaces & 3 store rooms
The toal built area is 500m2 and the plot is 490m2
A huge advantage of this building is that it has no tenants and comes vacant and ready for a fresh start with current market prices not crisis prices.

A conservative estimate of annual income is €78,000 and the return is approximately 5.5%

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Submitted by NICOLAOU ESTATES

  • Agent Registration No. : 693
  • Agent License No. : 365/E
  • Office : 25875252
  • Mobile : 95598488

Our main objective is to provide professional Real Estate services for our clients within an atmosphere of trust and confidence.…
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