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Commercial Building in Strovolos, Nicosia

Ref No: 5143

€ 1,375,000 (-23.61%) € 1,800,000

Description

The asset is a three-storey commercial building located in Strovolos. It benefits from being located just off Strovolou avenue, in the heart of Strovolos area, near by the Town Hall.
The building’s latest use was as a supermarket. The internal area of the basement and the ground floor is 640sqm and 550sqm respectively, both in an open plan arrangement.
The internal area of mezzanine is 280 sqm.
The first floor was used as an office area divided with plasterboard into eight smaller offices, a conference room, a reception, kitchen area and auxiliary facilities.
The second floor is a wide open space of 500 sqm, arranged into six smaller offices, kitchen area, storage space and locker room facilities, whilst the remaining 250 sqm appear unutilized.
The property is currently vacant.

Energy Performance Certificate (EPC) for the ground floor: Energy class E
Energy Performance Certificate (EPC) for the offices: Energy class G

Main Features

VAT
No
Occupied
No
Status
For sale
Floors
3

Other Features

Land Registry

District
Nicosia
Community
Strovolos Municipality
Reg. No.
0/11613
Sheet/Plan
21/61E2
Parcel
4088
Zone
Eβ3

Areas

Covered Area
976 m2
Land area
976 m2

Further Features

Year of construction
2001

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). We recommend that you seek independent advice regarding any applicable property transfer fees.

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