Business For Sale Famagusta Ad:1037483

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North Cyprus > Ammochostos > Famagusta

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£275,000

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Business
For Sale
Famagusta
North Cyprus

Commercial shop with two studio apartments at EMU University campus, offering versatile mixed-use potential and strong rental yields.

Property Overview:
- Exchange title deed
- Commercial shop + 2 studios on one deed
- Situated at Eastern Mediterranean University area
- Approx. 10 mins to nearest beach
- 40 mins to Ercan, 1hr to Larnaca airports

Key Features:
- 6.7m x 8.1m commercial space
- Two identical 7.5m x 3m studio apartments
- Approx. rental income: GBP400-450/studio, GBP600-700/cafe
- High footfall location, blank canvas
- On-site accommodation & business potential

Description:
Ideal investment: bustling cafe/retail unit with two studio flats on one title deed, located at EMU campus. Blank canvas for bespoke concept, high visibility and foot traffic. Own onsite accommodation or lease out. Rare mixed-use opportunity offering multiple income streams in a vibrant university setting close to beaches and amenities.

Comment:
Commercial property with 2 studio apartments for sale in Famagusta EMU University GBP 275,000. Exchange title deed. One title deed covers a commercial shop and two studios. Located in Famagusta at Eastern Mediterranean University, approx 10-minute drive to sandy beach, 40-minute drive to Ercan Airport, 1-hour drive to Larnaca Airport. Nearby tourist attractions. The building offers a cafe premises of 6.7m x 8.1m with two customer WCs, studio apartments both 7.5m x 3m with modern kitchen, seating area, TV unit, bathroom 1.4m x 3m. Rental potential: studios GBP 400-450 per month each, cafe GBP 600-700 per month. Local amenities: supermarket 5-minute walk, chemist and clinic 5-minute walk. Drive times: Iskele 20 minutes, Long Beach 20 minutes, Salamis Ruins and St Barnabas Abbey 15 minutes, Karpaz Gate Marina 70 minutes, Karpaz Peninsula 90 minutes.

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