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This asset is a commercial building formerly used as a supermarket in Kaimakli, Nicosia.
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. This 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
EPC: Energy Class C
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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