387m² Building for Sale in Nicosia District

Property description

• Mixed use building in Trypiotis, Nicosia.
• We are informed that the builidng is buillt within a land area of 152 sq.m.
• The ground floor consists of two shops and a storage area of approximately 12 sq. m.. Each shop has approximately 62 sq. m. of internal areas consisting of exhibition areas and a guest toilet.
• The first floor of approximately 142 sq. m., and the second floor of approximately 120 sq. m. consists of multiple office spaces with a common kitchen and sanitary area.
• The building was constructed approximately in 1955.
• Vacant possession.

Location

• The property is located in Trypiotis parish, Nicosia Municipality, Nicosia district, under Land Reg. No. 2/4131.
• The building is located on Onasagorou street, Nicosia’s commercial center.
• The wider area of the property consists of both commercial and residential development such as shops, restaurants, office spaces, blocks of flats etc.

Tenancy

• Vacant possession. 

Zoning

• The property falls within the “ΠΕΖ-εν” Commercial Zone, which allows 180% building coefficient, 70% building coverage, 3 floors and up to 11,50 meters height.
• The property is eligible for Government Incentives. For more info please click here

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

• 2 x shops
• 2 x office floors
• We are informed that the building area extends to approx. 387 sq. m. of internal area.
• Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable – Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.