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Office space in agios dimitrios, strovolos, nicosia

Nicosia, Strovolos - Agios Dimitrios
Posted: Today 09:09 Ad ID: 6595757
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  • Reference number: 2645
  • Area: 740 m²
  • Type: Offices
  • Condition: Resale
  • Postal code: 2012
  • Construction year: Older
  • Energy Efficiency: N/A
  • Square meter price: €1.622 /m²
Location: Nicosia — Strovolos - Agios Dimitrios
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Executive 740sq.m. office space situated in a strategic location in Agios Dimitrios, Strovolos, Nicosia.

Property Highlights:

• Total Internal Area: 740sq.m.

• Covered Veranda: 1sq.m.

• Uncovered Veranda: 96sq.m.

• Floor: First floor of a commercial building

• Parking: Six dedicated parking spaces (Nos. 2,3,5,6,7,8)

Financial Performance:

• Rental Yield: 4%

• Lease Terms: Current lease agreement until 26/03/2028, with an option to renew for an additional two years (Rental Yield: 6%) until 26/03/2030 at a fixed, pre-agreed rate. For any subsequent renewals after 26/03/2030, the rent will increase by 7%.

Internal Layout:

The workspace features a professional reception area, a conference room, multiple private offices, a fully equipped kitchenette, toilet, and both covered and uncovered verandas.

Location:

• Direct frontage onto Athalassas Avenue

• Approximately 30m northwest of the Acropolis Fire Station

• Approximately 100m northwest of the EOA premises

There is a separate title deed for this property.

Pending issuance of Energy Performance Certificate.

Views: 0
Run a full technical and legal real estate check today
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    HOME CHECK
    +357 96 504 296

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Posting since feb, 2023

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