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251m² Commercial for Sale in Agioi Omologites, Nicosia District

  • 2
  • Pre-Owned
  • 251m²
  • €790 000
Price per m²
€3147/m²
Title Transfer Fee
~€28,200
INDEX AI found 1 similar listings.
  • Ref. #: 22423

An exceptional investment opportunity in Nicosia’s vibrant commercial center, this prime corner retail unit is ideally situated in Agioi Omologites, offering high visibility and excellent accessibility. Property Overview: • Total Built Area: ~251 sq.m. • Energy Category: C • The property has acquired a separate title deed. Layout Details: Ground Floor: • Spacious open-plan layout • Fully equipped kitchen facilities • Storage room • Guest restrooms Mezzanine (Approx. 135 sq.m.): • Additional open-plan space • Men’s and women’s restrooms • Changing rooms • Staff restrooms with shower • Second kitchen • Extra storage space Outdoor Spaces: • Covered Area: 28 sq.m. • Uncovered Area: 120 sq.m. • Exclusive Use of External Pavement: ~148 sq.m. Parking: • Total Covered Spaces: 13 o 6 in the basement o 7 on the second basement level ________________________________________ Investment Highlights: • Current Yield: 5.3% ROI • Lease Term: Active until November 2030 o Includes 2% annual rental increases o Optional 5-year renewal included in agreement • Ownership: Separate title deed available ________________________________________ This asset offers excellent long-term income potential, thanks to a stable lease agreement and flexible usage options, including retail, dining, or showroom operations. The combination of generous indoor and outdoor spaces makes it especially appealing for businesses seeking high-footfall locations in Nicosia’s core.

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  • €790 000
Price per m²
€3147/m²
Title Transfer Fee
~€28,200
INDEX AI found 1 similar listings.
  • Agency
  • R.N.:694 L.N.:372/E
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Other Listings of This Property

0
  • €790 000
  •   €3147/m2
  • 251m²
  • Pre-Owned
  • SA36505
Reference ID: #SA36505Price details: €790,000This prime corner retail unit is situated in Agioi Omologites, the vibrant commercial hub of Nicosia.With a total area of approximately 251 sq.m., the property was previously utilized as a restaurant.The ground floor consists of a spacious open-plan area, a storage room, kitchen facilities, and restrooms.The mezzanine, covering around 135 sq.m., is also laid out with an open-plan space, men’s and women’s restrooms, changing rooms, staff restrooms with a shower, additional storage, and a kitchen.The asset further benefits from 28 sq.m. of covered outdoor space and 120 sq.m. of uncovered outdoor areas, offering excellent potential for al fresco seating or other uses.For parking convenience, the property includes six covered spaces in the basement and seven more on the second basement level.Additionally, the unit holds the exclusive right to approximately 148 sq.m. of external pavement, ideal for creating an outdoor seating area.Energy Category: C
  • Agency
INDEX AI found 1 similar listings.

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