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Commercial building in Strovolos, Nicosia

Ref No: 5095

€ 2,200,000

Description

The asset is a four floor commercial building in Strovolos. It is located on Athalassas Avenue providing excellent proximity to many amenities and public services in the wider area. The building occupies two plots and is accessible from Athalassas Avenue and Pentelis street.

The building comprises two basement levels, a shop on the ground floor and three open-plan office floors. The basements have an area of 1,694sqm the ground floor 567sqm and the three floors 1,461sqm (487sqm each floor).

Main Features

VAT
No
Occupied
No
Status
For sale
Floors
6

Other Features

Land Registry

District
Nicosia
Community
Strovolos Municipality
Reg. No.
10/2389, 10/2390
Sheet/Plan
21/62E2
Parcel
2098, 2099
Zone
ΕΒ3

Areas

Covered Area
2,028 m2
Total area
2,028 m2
Land area
1,052 m2
Basement area
1,694 m2

Further Features

EPC
Energy Class D
Year of construction
1993

Town Planning

Town planning zone
Commercial
Building density
160 %
Coverage ratio
50 %
Max floors
6
Max height
24 m

Legal disclaimer

The asset was repossessed by Gordian Holdings Limited via auction pursuant to Part VIA of the Immovable Property (Transfer and Mortgage) Law of 1965 (L. 9/1965). The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

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