Commercial building in a busy road with Vacant possession.
Archived / EUR 1.400.000
77775070
or +357 95598488
The building comprises of a basement with storerooms and parking, a ground floor with mezzanine and first floor.
An unutilized building density of approximately 297m2.
There are 15 parking spaces in total, 13 on basement and 2 on the ground floor. 3 storerooms are available in the basement level.
Ground Floor is 249m2 107m2 mezzanine, total 356m2 - space for 2 parking spaces which are used for the commercial space on the ground.
First floor 242m2
Basement 380m2 - 13 parking spaces & 3 store rooms
The toal built area is 500m2 and the plot is 490m2
A huge advantage of this building is that it has no tenants and comes vacant and ready for a fresh start with current market prices not crisis prices.
A conservative estimate of annual income is 78,000 and the return is approximately 5.5%