For Sale: Building, Agia Zoni, Limassol, Cyprus FC-51354
Details:
City:Limassol, Agia Zoni
Type:Building
Built year: 1950
Bathrooms: 6
Plot: 382м2
Covered: 700м2
Floors: 2
Commercial building for sale in the prestigious area of Plateia Heroon, Limassol. Total useful and other areas in the building are around 700 sq.m.
1st floor:
- on the east side, facing the park, there is a cafe-restaurant, with a separate kitchen, a dedicated area for washing dishes, a separate bathroom and shower for staff, as well as a fire exit. Also, 2 men’s and 2 women’s toilets.
- There is a license that can be renewed after renovation.
- on the west side, facing the park, there is a nightclub that had a cabaret license, which can be renewed after renovation.
- Separate dedicated bar area, stage, balconies for guests, dance floor, men’s and women’s restrooms, separate fire exit, and a passage to the kitchen for serving food.
2nd floor:
- large veranda overlooking the park, with toilets for men and women
- office
- a large hall that can be adapted as a restaurant, a venue for conferences, meetups, etc. Also, 2 men’s and 2 women’s toilets. Separate fire exit.
The building’s advantages:
- Existing permits that can be renewed after renovation
- Historical building – rental income is not taxed
- All infrastructure is for a full-fledged recreation center.
- Since the facade of the building is located on the square, you can get permission to have tables right on the square
- The square is planned to be converted into a completely pedestrian area by 2024 – traffic will increase significantly
- There are unsold square meters for resale and/or completion of other properties
- There is an opportunity to sell the company itself (a new one was created for this transaction), thus avoiding even the costs of transferring the title
- Very flexible possibility of accepting payment for the building
- Uniqueness of the building – there will be no more buildings of this kind in this location
- Potential for price growth after repairs and license
Send a request and we will text or call you back!
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