Entire Commercial Building for Lease – Master Tenant Wanted 83 Gladstonos Street, Limassol Center
The owner of this fully fitted, two-floor commercial property (408 sqm) is seeking a single master tenant to take over the entire building on a long-term lease.
Full freedom of use. The master tenant decides how the property is used:
• Occupy the whole building for their own company, or
• Occupy part of it and sublet the remaining units to other individuals or companies, or
• Operate it as a fully income-generating property – serviced offices, coworking, virtual office, meeting-room rental.
✔ Right to sublet included – the lease expressly grants the tenant the right to sublet individual units or the entire property to third parties (individuals or companies) and to retain all sublease income.
Prime Location – 83 Gladstonos Street In the heart of Limassol’s commercial center, surrounded by banks, cafés and established businesses – strong daily exposure and easy access for clients and subtenants.
Layout – 9 Lettable Units
Ground Floor (Retail / High Visibility):
• G1 – ___ sqm | Shop or showroom
• G2 – ___ sqm | Office with private garden
• G3 – ___ sqm | Flexible office space
• G4 – ___ sqm | Private office / dedicated desks
First Floor (Professional Offices):
• F1 – ___ sqm | Executive office with private terrace
• F2 – ___ sqm | Functional workspace – currently let
• F3 – ___ sqm | Comfortable office
• F4 – ___ sqm | Office with private terrace – currently let
• F5 – ___ sqm | Relaxation lounge / client waiting room
Plus a conference room, reception areas and a dedicated server room – ready to be let on an hourly, daily or monthly basis.
Rent – How It Works
• Full monthly rent for the entire building: €7,000
• Offices F2 and F4 are already let to existing subtenants, generating €2,000 per month
• These existing subleases are transferred to the master tenant, who collects the €2,000 directly – and the full rent is reduced by the same amount
Net rent payable today: €7,000 – €2,000 = €5,000 per month
In other words: the master tenant takes over the whole building with two offices already producing income, and the actual amount payable to the owner right now is €5,000 per month. Any further units sublet by the master tenant are pure additional income.
Property Highlights
• Total area: 408 sqm across two floors
• Elegant reception areas on each floor
• 2 fully equipped kitchens
• 3 modern bathrooms
• Dedicated server room
• Relaxation lounge / client waiting area (F5)
• Verandas, terraces & outdoor spaces
• Air conditioning in all rooms
• Turnkey condition – ready for immediate operation
Revenue Potential for the Master Tenant
The property is already set up for serviced-office and coworking operations. Possible income streams:
• Private office rentals (two already producing income)
• Dedicated desk / coworking memberships
• Virtual business address & correspondence services
• Conference room rental by the hour
Lease Terms
• Long-term lease, single master tenant
• Full rent €7,000/month; €5,000/month net while F2 and F4 remain let (existing subleases transferred to the master tenant)
• Right to sublet to third parties (individuals or companies) expressly included
• Water and electricity are not included in the rent – charged separately according to actual consumption
• Flexible use: own occupation, subletting, or a combination of both
Ideal For
Coworking & serviced-office operators • Business centers • Corporate groups needing multiple offices • Investors seeking a ready-to-run income property • Law, accounting & consulting firms with associated tenants
A rare opportunity to secure a prestigious, fully fitted building in central Limassol – with income already in place from day one.
📞 Contact now for a private viewing, floor plans and full pricing details