Retail Building
Limassol City Centre
Key Characteristics
Use
Size
Annual Rental Income
Estimated achievable yield
Asking Price
: Retail
: 800 sq.m.
: NA
: 5% guaranteed for 3 years
: 900.000 Euros
Details
A highly visible commercial building located in a prime central location. The building has a total surface of 800sqm over 2 floors and basement on a plot of 520 sq.m. (Potential to build 2 additional floors).
There is Parking for up to 14 cars.
Occupier of the property is a long established & well respected national retailer.
Rental return is guaranteed at 5% for 3 years.
In the event of resale, the current owner would like the right of first refusal to purchase.
Notes
- Strong tenant
- Very unlikely to relocate
- Newly signed lease can be a part of the deal
Location
Prime central location in Limassol.
Retail Building – Limassol City Centre