Retail premises for sale in Nicosia, Nicosia, Cyprus

£3,532,351 (€4,135,000)
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Retail premises for sale

Property description

The property concerns a two storeys, high spec, industrial warehouse, located in Panagia, Nicosia.

The property is adjacent to Michali Paride Street on its south boundary with a road frontage of c. 102m, and is situated 150m north of John Kennedy Avenue and circa 600m northwest of sopaz roundabout.

The property consists of a ground floor of 2310sqm and a first floor of an area of 1010sqm.

The immediate area of the property is a fully developed area with numerous industrial buildings and warehouses as well as some factories, showrooms and offices of average to good quality.

The property benefits from easy access to all the areas of Nicosia via John Kennedy and Andrea Zakou Avenues.

The area is characterised as Special zone area as per the latest Nicosia Local Plan, allowing for several commercial uses i.e. Showrooms, galleries, diy, hypermarkets, cinemas, student halls etc.

The asset falls within a special use planning zone EΠ6 (special use), with building density coefficient 160%, coverage coefficient 50%, in 4 floors.

Property Features
Agicultural road access
Attached on main road
Electricity available
Private parking (uncovered)
Residential zone
Security Alarm
Storage room
Telephone line available
Title deeds Available
Water available

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
SLV Estates Ltd, TQ6 on +44 330 098 8971 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SLV Estates Ltd, and do not constitute property particulars. Please contact SLV Estates Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.