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For Sale Commercial building in Strovolos in Nicosia, Nicosia
This asset is a commercial building on Strovolou Avenue in Strovolos. The asset benefits from a 90m facade along Strovolou Avenue and consists of: - The ground floor with open plan retail space of 1,100sqm and a mezzanine of 580sqm. - The first floor with an open plan showroom area of 580sqm. - The second floor with showroom area and offices of 830sqm - The first level basement of 1,330sqm comprising of storage rooms, toilets and a strong room. - The second level basement of 1,795sqm comprising of parking space, storage room and toilets. Access to all floors is provided by two staircases and three elevators. Strovolou Avenue is a well established commercial street with numerous retail shops and offices along its length and residential developments on the side streets. It experiences a high amount of traffic as it provides easy access towards Nicosia city centre. The asset falls within two planning zones: - Eβ3 with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m. - Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.