Commercial building in Nicosia № 229703
Retail space for sale in the area of Agioi Omologites, Nicosia. Excellent investment opportunity in the vibrant commercial center of Nicosia. The location provides high visibility and excellent transport accessibility.
The total building area is 251 m2. Energy category: C. The facility has a separate ownership document.
Ground floor: spacious open plan, fully equipped kitchen, pantry, guest toilets. Mezzanine (about 135 m2): additional open space, second kitchen, men's and women's toilets, changing rooms, staff toilets with shower, additional storage room
External spaces: covered area: 28 m2, outdoor area: 120 m2. Exclusive use of the external sidewalk strip: 148 m2. Parking: total covered spaces: 13, of which 6 are in the basement and 7 on the second basement level.
The main advantages of the investment: current yield: 5.3% ROI, lease term: valid until November 2030, includes an annual rent increase of 2%. The possibility of a 5-year extension is included in the contract
This property offers excellent long-term income potential thanks to a stable lease agreement and flexible use options, including retail, restaurants or exhibition halls. The combination of spacious interior and exterior spaces makes it particularly attractive for businesses looking for high-traffic locations in the center of Nicosia.
