Retail premises for sale in Nicosia, Nicosia, Cyprus

£3,630,590 (€4,250,000)
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Retail premises for sale

Property description

This asset is a commercial building located in Nicosia’s city center, on the corner of Kritis and Stasandrou Street, 300m from Archebishop Makarios Avenue and 250m from Digeni Akrita Avenue.

The asset consists of:
-Retail space: Large ground floor showroom, four floors of exhibition areas with a separate staircase (of 872sqm) and a mezzanine (of 241sqm), -Office space: Four floors of offices (of 261sqm each), -Basement: Two levels with a total 33 parking spaces.

The building benefits of additional building density of c. 300 sqm.

The immediate area of the asset is the commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use.

The asset falls within planning zone ez-κ with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m.

Title deeds 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.