It is situated on the ground floor of a multi-unit building and it consists of two blocks. It has a total frontage of 19m along its northeastern boundary on Omirou Avenue.
The total enclosed area for shop 1 is 488 sqm, covered verandas 28 sqm, uncovered verandas 4 sqm, and a basement of 710 sqm. Shop 2 has an enclosed area of 25sqm. The wider area consists of commercial developments.
Owner: Zefranal 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.