80m² Commercial for Sale in Lakatamia, Nicosia District

The property is a mixed-use building located within the Lakatamia municipality – Anthoupoli quarter, in Nicosia.

The building was constructed in 2001 on a registered plot of 567 m², which abuts on Agiou Georgiou avenue along its southwest boundary with a frontage of approx. 23 meters.

The ground floor comprises three units, all occupied each with a mezzanine level.
The two western units have been unified to form a coffee shop, while the eastern unit is a bakery.
Access to the mezzanines is provided by internal staircases, featuring 2 toilets and a storage area.

Additionally, there is a vacant apartment on mezzanine level, situated at the northern end of the building.
This apartment consists of 2 bedrooms, a bathroom, a kitchen, and a dining/living area. Access to the apartment is via a staircase located on the eastern side of the building.

The potential yield of the building (when the apartment is rented) will range between 5.5% and 6.00%.

The building is strategically located, on Ayiou Gergiou Avenue in Anthoupoli, approximately 1.7 km southwest of the Anthoupolis Junction and 2.4 km southeast of Nicosia Mall.

The property falls within Zone Εβ5, with a building coefficient of 30%, coverage of 20%, and permission for 2 floors (8.3m) of construction.