Shop for sale in Nicosia Municipality, Nicosia

This ideal small size commercial unit with a large display frontage is well-located on the ground floor of the Julia House office building on Themistokli Dervi Street in central Nicosia. The property is currently vacant and is split into two shops. The asset has a total ground floor surface of 225 sqm, a mezzanine of 114 sqm and a basement of 26 sqm featuring a service area, a toilet and kitchen. Themistokli Dervi Street is one of the most important commercial roads of Nicosia with several important fashion brands as well as coffee shops and restaurants. The Julia House office building is mainly occupied by PWC and is in an excellent condition. The asset is located in a prime commercial area in Nicosia’s city centre in walking distance to the new Eleftheria Square, and Ledra and Onasagorou Streets: Nicosia’s pedestrianised Old City area and the main touristic area of the city. The well-developed wider area is mainly commercial and is surrounded by high end residential towers such as Jean Nouvel Tower, the new Cyfield Tower and the new Evagorou Tower (both currently under construction). The property is zoned as Eα1 (commercial) with 250% building density, 40% coverage, 14 floors and a maximum height of 52m. All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.