Industrial buy in Limassol Lemesos

This is an opportunity to acquire a thriving business concern with excellent profits selling brand name shoes from Germany, Italy and England like Mephistos, Hoter, Salamander Rohde and Caprice shoes with its stock or to just purchase the goodwill and clientele from all over Cyprus at half the price, It is sutated in a very good location area of Ayia Napa in Limassol, close to many shops and facilities with easy access from the main beach road of Limassol and also the highways. The shop consists of two levels with the ground level consisting of around 70 sqm and the upper level appx 65 sqm. It also has a large basement area of around 130 sqm and a store room on the mezzanine of 35 sqm for storage of stock of goods. In the centre of the shop there is a large wooden staircase leading up to the Mezzanine floor and the store room which can be used as an office and for storage or as an additional sales area selling clothes, bags, suitcases etc. The shop is in very good condition as it was refurbished in 2016 and has parquet flooring throughout, an air condition unit and double glazed windows with awnings outside. There is a WC downstairs and small kitchen area. It has a reception area in the centre of the shop with led spot lights aircondition, computerised system showing stock, sales, Vat and profit and has an alarm system. The rental price is low for the area and size of the shop and the additional area provided such as the basement and store room. There is also the opportunity to acquire an additional shop with the same business in the busy street of Anexartisias at the same price. VAT is applicable on the Goodwill price. For further information and a viewing please contact us. Property Details * For Sale * Property Type: Business / Goodwill * Property Label: Investment Property * Location: Limassol, Agia Napa, Cyprus * Internal Area: 135sqm * Price: €60,000 * VAT: N/A * Date Available From: 1st January 2021 * Loan Installment: €279 If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below. Loan Installment Calculations: Assumptions: Closing Price: €57,000 Own Contribution (30%): €17,100 Loan Amount (70%): €39,900 Interest rate: 3.2% Years of repayment: 15 years