Part of the building is tenanted: Ground floor corner retail unit and office no. 5 in addition to offices on 2 -4 floors.
Part of the building is vacant: Ground floor offices no. 2, 3 and offices on 5-6 floors.
Part of the building is not owned by Gordian Holdings: Ground floor offices no. 1 and 6, in addition to office on the 1st floor.
The asset holds a premium location with high visibility, in Nicosia Business Centre. It offers excellent proximity to all amenities, public services, bars and restaurants. It is a great investment opportunity for high rental income at the centre of the capital.
Owner: Anoreve Limited (Gordian SPV)
asset was acquired by Gordian Holdings Limited within the restructuring
framework provided for in the Cyprus tax legislation, and is currently owned by
a subsidiary company. Depending on whether the transfer of the asset may take
place via the transfer and/or sale of the subsidiary company’s shares, VAT may be
applicable. We recommend that you seek independent advice regarding any
applicable property transfer fees and/or VAT. The above sale price
does not include transfer fees and/or VAT and if such are applicable, these
will be paid by the buyer over and above to the sale price, as applicable.