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