Retail premises for sale in Latsia, Nicosia, Cyprus
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Property description
2,500 m2 Build
1,572 m2 Land
Services and facilities
Air condition
Lift
Heating
Storage room
The properties for sale are a commercial building and a vacant plot, that are centrally located in Trypiotis Quarter of Nicosia Municipality. The property is situated along one of the most vibrant and popular streets of Nicosia.
In the surrounding area there is a plethora of amenities and services such as banks, restaurants, cafes, shops and residential and commercial buildings.
It is a six storey building which was constructed 30 years ago (approx.). The vacant plot is asphalted and is used as a parking space.
The building has an enclosed area of 2,500 sqm and consists of 14 shops on the ground floor and 12 offices on the 6 upper floors. All units in the building are vacant.
The vacant plot has 23 meters frontage., while the building has 21 meters frontage
The property lies within the πεζ planning zone (Commercial Development City Centre Zone), with Building Density of 250%.
The property has the potential for further commercial and residential development.
More importantly, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the "Nicosia City Centre Local Plan".
District: Nicosia
Municipality: Nicosia Municipality
Quarter: Tripiotis
Characteristics
Year built: 1990
Title deed: The property has a separate title deed
The property is partially rented
Property location is approximate. Please contact the agent for further details.
For more information about this property, please contact
SLV Estates Ltd, TQ6 on +44 330 098 8971 * (local rate)
Disclaimer
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.
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