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Property 1110 Nicosia / 34314

Modern Cafe In The Heart Of Nicosia With Diverse Event Venues And Excellent Coffee.

-69%

Opportunity!

  • Thumbnail 1 Property 1110 Nicosia / 34314
  • Thumbnail 2 Property 1110 Nicosia / 34314
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Why is this Property Classified as an Opportunity?

Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.

Nicosia Indicative Price

2,410.67 €

This Property

755.56 €

For Sale • Deal

68,000€

Estimated Mortgage

/month

90

m2

Community

Property Type

Retail

District

Nicosia

Covered/Built m2

90 m2

Property Description

Location:

  • - Situated in the heart of Nicosia, Cyprus
  • - Quiet area with easy access to parking
  • - Located in a modern building constructed in 2009
  • - Off a main avenue in Nicosia
  • - Surrounding establishments include offices, a bank, and shops
  • External Features
  • - Modern building with a contemporary façade
  • - Accessible parking nearby
  • - Outdoor verandah space available
  • - Visible signage indicating the cafe's presence

Internal Characteristics:

  • - Operating hours: 8am - 4pm, 7 days a week
  • - In-house staff ensures smooth operation
  • - Renowned for excellent brewed coffee and healthy snacks
  • - Offers brunch and lunch options
  • - Popular weekend brunch with up to three sittings
  • - Licensed for food preparation and alcohol consumption on premises
  • - Fully equipped kitchen with high-quality appliances
  • - Indoor and outdoor furniture provided
  • - Diverse event venues including high tea, happy hour, and pop-up shops
  • - Caters to private parties, baby showers, and promotional events
  • - Outsourcing sweets and pastries to smaller cafes

The Goodwill Sale:

  • - Business commenced operations in April 2018
  • - Well-established reputation and customer base
  • - Unique selling points: excellent coffee, diverse menu, event hosting capabilities
  • - Licenses and permits in place, including Cafeteria B license
  • - Fully equipped premises with modern amenities
  • - Dimensions: ground floor (90 sq meters), mezzanine (45 sq meters), verandah (25 sq meters)
  • - Three-phase current of 40 ampere for electrical appliances
  • - Available for viewing by appointment

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Location

Property 1110 Nicosia / 34314
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

1,020 €

Transfer Fees Joint Names

1,020 €

Stamp Duty

95 €

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