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This asset is a bar in Agios Ioannis quarter within the walls in old Nicosia.The asset is adjacent to Nikiforou Foka Street on its southeast border and Heracleous Street on its northwest border. It is located c. 180m north from the Statue of Liberty and c. 100m west of Pankyprio Gymnasio.The asset consists of two residential buildings which were unified and converted into a bar.The ground floor consists of an entrance/reception area with dressing room, open plan bar/dining area, kitchen, storage room, male and female toilets and courtyards. The first floor is accessed both internal and external staircases and comprises of open plan office space.The buildings were constructed in c. 1908 using traditional materials such as stone and adobe walls, have mostly inclined roofs covered with shingles and wooden windows with wooden shutters.The immediate area of the property is the within the walls Nicosia comprising of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia. The asset falls within planning zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m.All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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