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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. 415sqm, the first floor of c. 761sqm and a basement of c. 415sqm. The building is served by two elevators. Additional storage space of c. 358sqm 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.
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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