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For Investment Big investment in Paphos, Paphos

This three storey building (fitted out as a supermarket) in Agios Theodoros quarter in central Paphos in close proximity to the Pafiako junction and the Kings Avenue Mall 1.7 km southwest of the A6 roundabout. Along Athinon Avenue a mix of commercial and residential development can be observed with showrooms, shops, offices, apartments and houses. In the nearby area more residential properties can be observed. Due to its location, it offers good accessibility to the rest of Paphos city centre, the nearby beach and the surrounding areas. 
The building has a total covered area of 3.149 sqm (including a basement of 925m²) and has been internally configured as a supermarket with the potential for other commercial uses. 
Three land plots are used as parking areas (1128, 1129 & 1232). The total land area of all seven plots, is 3.686 m². 
The property falls within the following two Planning Zones: 
Commercial zone Εβ4α with a maximum building density coefficient of 140% and a land coverage coefficient of 50% over 3 floors and 13.50 metres height.  
Commercial zone Κα35 with a maximum building density coefficient of 140% and a land coverage coefficient of 50% over 3 floors and 13.50 metres height. 
The property, as a unified property, is ideally located within Paphos and is suitable for commercial use or commercial and/or residential development, benefiting from high volumes of traffic and the mixture of developments that can be observed in the immediate area. 

Sales Price:
€3,626,000 - €1151.48 Per m2
Title Deed Available
Yield:
4%
Listing Type:
Commercial
Property Type:
Retail Store
Property Status:
Resale
Date Available:
14-12-2019
Working Area:
3149m2
Total area:
3149m2
Basement:
925m2
Ideal for:
Supermarket
WC's:
2
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