Premium New development

Commercial for sale

Timi, Paphos, Cyprus

£307,667 *  [€370,000]

Commercial for sale

Timi, Paphos, Cyprus

£307,667 *  [€370,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 2231 m2

Features


  • Beach
  • Coffee shops
  • Public Park
  • Restaurants & Pubs
  • School
  • Shopping
  • Investment Opportunity
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Full Description


For Sale Industrial Building (Land Lease) in Timi - Paphos

The property is located in B’ Paphos Industrial Zone (Agia Varvara) and it is situated close to all necessary services.

In addition, it enjoys excellent access to the motorway and the city of Paphos.

The building is two-storey and it was constructed around the year 2009 on an industrial plot with total area of approximate 2,231sqm.
On the ground floor comprises of a cold rooms, preparation area, packing area, disable WC’s and storage.
The 1st floor consist of a kitchen, dining area, offices, reception area, storage room and WC/ changing room for male/female.

The area of the ground floor is 457sqm and the 1st floor 140 sqm

The property is subject to a long-term lease agreement with Cyprus Government with a rent of €7341/year and an expiration date 31/01/2042.

It is noted that the agreement can be renewed for two periods of 33 years each.

Characteristics :

Year built: 2009
Title deed: The property has a separate title deed

It is noted that the property is vacant and it is consider as ideal investment opportunity.

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Map may not show exact location

This property listing (ref: APR35476) is an advertisement supplied by www.ktimatagora.com and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8315 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.