Retail premises for sale in Pano Paphos - Up Town, Paphos, Cyprus

£5,142,199 (€6,000,000)
Interested in this property? Call +44 330 038 9582 * or Request Details

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Retail premises for sale

Property description



The development is situated in an exceptionally advantageous location and boasts easy accessibility via Dimokratias and
Anexartisias avenues, merely a minute's drive from the highway, facilitating connectivity to other cities The beach is
conveniently reachable within a 5 minute drive. The surrounding area encompasses shopping malls, supermarkets, hospitals, universities, and schools Notably, the area has experienced a significant surge in various investments focused on commercial developments.

The development comprises five plots. The initial plot was used for the construction of the building, while the remaining four plots
collectively provide space for a total of 72 parking spaces. This exceptional 9 floor building is designed with a distinctive architectural feature, setting it apart from traditional structures. Each floor boasts a spacious and open layout without the presence of columns in the middle. The structural integrity is achieved through strategically placed load bearing walls, providing not only a modern aesthetic but also maximizing the flexibility of interior spaces. This design innovation enhances the overall functionality, making it a standout choice for prospective buyers. The versatility of the development and the open plan design, allows the building to have many potential uses such as retail, offices, medical center, student accommodation, school, university, and more.

Building features:

2 Elevators (1 panoramic)
Fully Airconditioned
2 emergency staircases (1 indoor, 1 outdoor)
10 toilets | 2 bathrooms
Roof garden area
Fully functional commercial kitchen
Extensive emergency fire systems
Server Room
K nx lighting control
Full sound system

The entirety of the building is presently utilized by the owners as a retail department store. The ground floor features a cafeteria equipped with a fully operational commercial kitchen.

Total land area: 3176 m²
Building Plot: 793 m²
Building Size: 3771 m²

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

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For more information about this property, please contact
D Maratheftis West Coast Ltd, on +44 330 038 9582 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by D Maratheftis West Coast Ltd, and do not constitute property particulars. Please contact D Maratheftis West Coast 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.