Commercial (Building) in City Center, Nicosia for sale

This asset is a commercial building located in Nicosia’s city center.

The asset consists of:
-Retail space: large ground floor showroom, four floors of exhibition areas with a separate staircase (of 872sqm) and a mezzanine (of 241sqm),
-Office space: four floors of offices (of 261sqm each),
-Basement: two levels with a total 33 parking spaces.

The building benefits of additional building density of c. 300 sqm.

The immediate area of the asset is the commercial centre of Nicosia and is fully developed with commercial buildings, offices, showrooms and buildings of mixed commercial and residential use.

The asset falls within planning zone EZ-κ with building density coefficient of 200%, coverage coefficient 60%, in 6 floors and a maximum height of 24m.