Office in Limassol

Limassol, CYPRUS
LP.17
0Bedrooms 0Bathrooms 4839m²Build
0m²Plot NoPool 15.000.000€Price
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PRIME OFFICES:
A unique opportunity to acquire a prime office building in one of the most prestigious and central areas of Limassol has arisen.
The six upper office floors of the south-eastern tower on prime Makarios Avenue, in the heart of Limassol, 1 khm from the sea-front, is currently available for sale.
The tower has a reinforced concrete frame structure with brick and glass elevations and a flat roof. The external walls are covered with decorative stone. Each tower is arranged over retail shops on ground and mezzanine levels and six upper office floors and is served by two lifts and a staircase. The project is served by two basement levels for parking.
This unique prime office investment has a total approximate area of 4.839 sq. m., excluding all basement parking and storage accommodation. Internally the offices are fully fitted and are in a very good state of repair. The main features of the property are as follows:

Private prestigious entrance lobby
Raised floors with structure cabling
Suspended ceilings with recessed lighting and VRV air-conditioning
Double-glazed windows in aluminum frames
Wooden panels in part of the internal walls
Internal division in several office suites, through the use of demountable partitions
Modern lighting equipment
Access control and security systems
Burglar alarm and telephone system
Cafeteria equipped with a kitchen
Availability of smoking areas on each floor
58 parking spaces
Power generator and photovoltaic panels on the roof
Sea view on top floors
There is separate title deed for each floor and the reception area. The ground floor shops are not included in the offer.
Minimum Lease period is 5-years with the option to renew rental agreement.
Rental return is apx 5% on the final agreed price.
PROPERTY PARTICULARS
The proposed part of Tower II has a total approximate floor area of 4.839 sq. m., and is analysed and described below:
All basement parking and storage accommodation is excluded.

Ground floor: The ground and mezzanine levels have an approximate total covered area of 155 sq. m. and comprise an open-plan reception area, two lifts and a staircase.
First and second floors: Each floor has an approximate total covered area of 738 sq. m. (total 1476sq.m) and comprises an open-plan office area, toilets and a kitchenette. The first floor is served by a cafeteria, equipped with a kitchen.
Third floor: It has an approximate total covered area of 764 sq. m. and comprises an open-plan office area, toilets, a mail box room and a kitchenette.
Fourth floor: It has an approximate total covered area of 792 sq. m. and comprises an open-plan office area, toilets and a kitchenette
Fifth floor: It has an approximate total covered area of 826 sq. m. and comprises an open-plan office area, a store room, two conference rooms, toilets and a kitchenette.
Sixth floor: It has an approximate total covered area of 826 sq. m. and comprises an open-plan reception area, an executive board room, two conference rooms, two toilets, two shower rooms, storages and a kitchenette.
Internally the office space benefits from raised floors with structure cabling, suspended ceilings with recessed lighting and air-conditioning and double-glazed windows in aluminum frames. Part of the interior of the office space has been decorated with wooden panels.
Each floor is internally divided in several office suites, through the use of demountable partitions. The offices are equipped with modern lighting and lighting protection systems and benefit from an entrance access control system, a burglar alarm system, a telephone system and a designated air-conditioning and fire alarm/security system for the data room. The building under study is also served by a power generator and by photovoltaic roof panels.
Both internally and externally the building is in a very good state of repair. Part of the property enjoys sea and city views.

The asking price is 15M euros

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