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The asset is a shop (No.1) on the ground floor of “Fakas Court No.21” in Aglantzia, Nicosia.
The asset is adjacent to Larnacos Avenue, c. 1km northwest of the University of Cyprus campus.
The asset comprises a 58sqm retail space on the ground floor and a 30sqm mezzanine. It has an exclusive right of use of a parking space in the basement.
The immediate area mainly comprises commercial developments on Larnacos Avenue and enjoys great access towards Nicosia city centre.
The asset is occupied. It is rented out for 200 euros per month. The tenancy agreement expired in 2023.
Scheduling viewings may be subject to limitations.
*** The asset can only be sold via an assignment of rights as the title deeds of the shop have been issued with unauthorised works, and they are forbidden to be transferred until the estate's unauthorised works are corrected.
Title Deed Reg. No.: 0/12891
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 1030839. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
