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€3,400,000 EUR

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Ref 2273378 | Nicosia, Nicosia | Shop

Currency services provided by Excel Currencies 3,400,000 EUR  |  Approx.£2,927,740 GBP  |  Approx. US$3,638,680 USD
  • Type: Shop
  • Location: Nicosia
  • Province: Nicosia
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

This asset is a commercial building on Strovolou Avenue in Strovolos.
The asset benefits from a 90m facade along Strovolou Avenue and consists of:
- The ground floor with open plan retail space of 1,100sqm and a mezzanine of 580sqm.
- The first floor with an open plan showroom area of 580sqm.
- The second floor with showroom area and offices of 830sqm
- The first level basement of 1,330sqm comprising of storage rooms, toilets and a strong room.
- The second level basement of 1,795sqm comprising of parking space, storage room and toilets.
Access to all floors is provided by two staircases and three elevators.
Strovolou Avenue is a well established commercial street with numerous retail shops and offices along its length and residential developments on the side streets. It experiences a high amount of traffic as it provides easy access towards Nicosia city centre.
The asset falls within two planning zones:
- Eβ3 with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
- Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.

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