For Sale
Retail and Offices in Trypiotis, Nicosia
Property: 5176
€2,800,000
Status: Available
Building Area: 1,662m²
Reg.No: 1/1639, 1/46
Sheet: 21/460512
No of Parking spaces: -
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Description
The asset consists of two adjacent buildings in Trypiotis quarter, Nicosia. The asset is located in the old historic city, close to many restaurants, shops and within walking distance to the most popular touristic attractions and sights. It is adjacent to Ledras street, one of the main commercial and touristic streets of Nicosia. The primary building is situated on a plot of land of 501sqm and consists of a basement of 489sqm, a mezzanine of 260sqm, a ground floor of 424sqm, a 1st floor with a covered area of 417qm and uncovered 7sqm, a 2nd floor with a covered area of 403qm and 34sqm uncovered and a 3rd floor with a covered area of 353sqm and uncovered of 63sqm. The secondary building is situated on a plot of land of 81sqm and consists of a ground floor of 67sqm and a 1st floor of 55sqm covered area. The asset is ideal for a big retail store, office space or the development of a boutique hotel. The immediate area of the asset comprises of commercial developments.
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.
Features
Land Registry
District:
Nicosia
Municipality / Community:
Nicosia Municipality
Reg.No:
1/1639, 1/46
Sheet:
21/460512
Parcel:
95, 141
Zone:
ΠΕΖ
Title Deed:
Yes
VAT:
No
Areas
Total Covered Area:
1,977m²
Further Features
Year of Construction:
1950
No.of Floors:
4
