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)
asset was acquired by Gordian Holdings Limited within the restructuring
framework provided for in the Cyprus tax legislation, and is currently owned by
a subsidiary company. Depending on whether the transfer of the asset may take
place via the transfer and/or sale of the subsidiary company’s shares, VAT may be
applicable. We recommend that you seek independent advice regarding any
applicable property transfer fees and/or VAT. The above sale price
does not include transfer fees and/or VAT and if such are applicable, these
will be paid by the buyer over and above to the sale price, as applicable.