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Retail and Offices in Trypiotis, Nicosia

Ref No: 5176 OFFER ACCEPTED

€ 2,400,000 (-14.29%) € 2,800,000

Description

The asset is two adjacent building in Trypiotis. It is located on Ledras street, one of the main commercial and touristic streets of Nicosia. The asset has a total internal area of 1,977sqm.
The immediate area of the asset consists of retail shops, cafes and restaurants. It offers excellent proximity to Nicosia's most important sights such as the old city walls, museums, and cultural art centres. The asset is ideal for a big retail store, office space or the development of a boutique hotel. The asset is partially occupied.

Energy Performance Classifications for shops: Energy Class C
Energy Performance Classifications for offices: Energy Class E

Main Features

VAT
No
Occupied
Yes
Status
For sale
Floors
4

Other Features

Land Registry

District
Nicosia
Community
Nicosia Municipality
Reg. No.
1/1639, 1/46
Sheet/Plan
21/460512
Parcel
95, 141
Zone
ΠΕΖ

Areas

Covered Area
1,662 m2
Total area
1,977 m2
Land area
582 m2

Further Features

Year of construction
1950

Town Planning

Town planning zone
Commercial
Building density
180 %
Coverage ratio
70 %
Max floors
3
Max height
13 m

Legal disclaimer

The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

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