FOR SALE - €890,000 NO VAT - REF. NO. RM41812

The asset is a commercial building currently used as a mini-market in Egkomi, Nicosia.

The building comprises of:

-The ground floor of c. 265sqm that consists of open plan space and an accessible toilet.

-A mezzanine of c. 194sqm that consists of six studio apartments and a kitchen.

-A basement of c. 382sqm basement which is used as storage space.

Both the mezzanine and the basement are accessed via internal staircases. The mezzanine is also accessed via an external staircase while basement is also accessed via an external ramp. It has been constructed with materials of good quality such as ceramic tiles on the floors, double glazing windows, suspended ceilings with built in lighting.

The immediate area comprises of commercial and mixed-use developments in the centre of Nicosia.

The asset is currently occupied. Scheduling viewings may be subject to limitations.

The asset falls within commercial planning zone Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17m.