Modern 4 level building for sale in Paphos Town. Erected on an individual plot with existing separate Title Deed. The property is serviced with an elevator and an abundance of parking spaces all around the plot. The plot area: 629m². Total rentable area 969m².
Situated just 200 meters from the main highway system that connects all cities, airports and ports.
Ground floor shops consists of 7 individual shops currently open plan and boasts a mezzanine level. The total ground floor area is 303sqm and the mezzanine 165sqm. Currently rented to a leading Kitchen/Bedroom manufacturer, tenants for the last 4 years.
The first floor area is a total of 303sqm including a covered balcony. This office space is rented to a Construction/Development company.
The second floor office area is 198sqm plus there are 80sqm of uncovered balconies. This level is rented to a world renowned international tour operator active in Cyprus since 1970.
Purchase of this building offers a guaranteed rental income for 3 years at 5% NET per year.
INCLUDED IN THE PRICE IS A FULL EXTERIOR REFURBISH WITH NEW FACADE.Show More