FOR SALE - €522,500 NO VAT - REF. NO. RM28112

This asset is commercial building in Agios Savvas, within the walls of Nicosia.

The asset is adjacent to Aristidou and Thrakis Streets, c. 260m east of Ledras street, c. 100m northwest of ‘OXI’ roundabout and c. 300m northeast of Eleftherias Square.

The asset comprises of:
-Three shops on the ground floor with a total area of 297sqm.
-An office of 285sqm on the first floor.
-An office of 248sqm on the second floor.
-An incomplete third floor of 162sqm.

Access to the floors is provided via a staircase, while there is also a commercial elevator connecting the ground floor with the second floor office.

The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia.

The asset falls within commercial planning zone ΠΕΖ-Εντός, with building density coefficient of 180%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m.

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.