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For Sale Good location commercial building in Nicosia, Nicosia

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.
The asset is partially ocupied.

Sales Price:
€4,250,000 - €1956.72 Per m2
Title Deed Available
Yield:
4%
Listing Type:
Commercial
Property Type:
Building
Property Status:
Resale
Date Available:
17-11-2019
Working Area:
2157m2
Total area:
2157m2
Units:
5
Extra Storage Space:
Yes

Features

Internal

Air Conditioned

Furniture & Appliances

Unfurnished


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