FOR SALE - €1,279,500 NO VAT - REF. NO. RM16961

This asset is a commercial building formerly used as a supermarket in Kaimakli, Nicosia.

The asset is located on the corner of Agiou Ilarionos Avenue and Eleni Sofocleous Street, c. 425m southeast of “BATA” roundabout and c. 1,3km north of “SOPAZ” roundabout.

The asset comprises of a ground floor of c. 760sqm with a mezzanine of c. 630sqm, the first floor of 474sqm and a basement of c. 418sqm. The building is served by two elevators. Additional storage space has been erected at the side of the building.

The immediate area of the asset is a well developed industrial area comprising of warehouses, factories and showrooms. Agiou Ilarionos Avenue is a high traffic road which provides easy access to the neighbouring areas.

The asset falls within two planning zones:

-62% of the asset falls into Βα3, with building density coefficient of 100%, coverage coefficient 60%, in 2 floors

-38% of the asset falls into Δα3, with building density coefficient of 5%, coverage coefficient 5%, in 1 floors and 5,5m maximum height 

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