Mixed-use building in Aglantzia, Nicosia

Ref No: 7947
€ 2,100,000 € 2,400,000

Description

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.

A Planning Permit has been submitted for a mixed-use building. The planning permit includes:
- Ground Floor: Two spacious shops/showrooms/offices offering flexibility for retail or office use, along with a convenient mezzanine level.
- First/ Second / Third / Fourth Floor: Office spaces, office areas with an open-plan area, conference rooms, kitchen facilities, and verandas.
- Basement: Parking spaces and additional storage rooms.

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

Main Features

Land area
1,236 m2
Occupancy Status
Partly Occupied
Covered Area
1,204 m2
Parking
Town planning zone
Commercial
Building density
160 %
Coverage ratio
50 %
Max floors
6
District
Nicosia
Municipality/Community
Nicosia Municipality, Aglantzia
Reg. No.
2/1795
Year of construction
1978