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Extrajudicial document sent to Greco Str - Zisimos Cafe for unpaid rent owed to Municipality

Zisimos Cafe
22 Apr 2023 / 12:10

CORFU. The Municipal Economic Committee has taken the decision to issue an extrajudicial document and resort to legal remedies.

More problems with the lease of the legendary Zisimos Cafe "Zisimos", which had changed hands for the second time. The Municipality has leased the property owned by the Isabella Dalietou Legacy, located at Georgiou 'A' 24 and Capodistriou 25, for a monthly rent of 15,050 euros (including stamp duty).

A reminder that this property also passed into the hands of the new tenant in December 2021 following an auction, in which this specific company was the only one that submitted a bid.

The once legendary Zisimos - Ta Olympia welcomes customers under the new name Greco Street, belonging to the miCafetal Group "Nikolaos Michos and Co".

Rent unpaid since October 2022

As stated in a decision by the Economic Committee, the company Michos and Co. LLC has not paid rent since October 2022. After formal complaints by the Property Management Department of Central Corfu Municipality of Central, the tenant did not respond, Deputy Mayor of Finance George Pantelios told Enimerosi. "Consequently, we are obliged to proceed with an extrajudicial formal notice."

Final step before eviction

Essentially, this is the final step before eviction. If the tenant still does not pay the overdue rent, the next step will be to terminate the lease and free up the rental property.

It is worth noting that the previous tenant left debts of about €500k, which the municipality is still trying to collect through legal means.

However, as George Pantelios points out, "the current tenant has paid a security deposit equal to one year's rent, with the signing of the contract."