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leased retail unit in the centre of Larnaca. The asset is located at a small distance west of the reknown coastal area of Phinikoudes.
The property consists of a ground floor area of 375 sqm, a mezzanine of 270 sqm and has been recently internally configurated to serve the specifications of a bank branch.
The property is income producing with a lease agreement expiring on December 2017 and with a right of extension.
The asset has very good accessibility towards the city center, the beach and Larnaca's Port.
The proximate area has experienced substantial development over the past years, with the construction of various commercial and residential buildings.
The asset falls within the Commercial Planning Zone Πα4, with a building density coefficient of 240%, a coverage coefficient 70%, over 3 floors and 13.5 metres maximum height.
Property ID: VL6190
Office Code: NVL-29EMGE
Type: Office
Area: Larnaka
District: Larnaka
Covered Area: 375 m2