Mixed-use building in Aglantzia, Nicosia

The asset is a two storey mixed-use building known as 'Wights Tower' in Aglantzia. It owns a prime location with high visibility on Limassol Avenue. It is adjacent to the Aluminium Tower and is located 1.5km from the city center.

The building has a total covered area of 1,204sqm. The ground floor consists of three retail units with a total area of 550sqm and 268sqm mezzanine. The first floor consists of an apartment of 134sqm (currently used as part of a gym) and a vacant office area of 252sqm. The building also benefits from a basement parking area.

The 3D images relate to a planning permit application that has been submitted and is subject to approval by the planning authority for a new development of ground floor commercial shops and mezzanine, plus 5 floors of office spaces of a total buildable area of 2,033sqm.

Energy Performance Classifications for the shops: Energy Class C
Energy Performance Classifications for the Gym: Energy Class D
Energy Performance Classifications for the restaurant: Energy Class D

Owner: Beretse Limited (Gordian SPV)