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Commercial for sale

Strovolos, Nicosia, Cyprus

£3,897,575 *  [€4,612,000]

Commercial for sale

Strovolos, Nicosia, Cyprus

£3,897,575 *  [€4,612,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 2330 m2
  • Habitable space: 1480 m2

Features


  • Spacious rooms
  • Warehouse

Full Description


Commercial Mixed Used property for sale in Strovolos area, Nicosia. The property is situated close to Anthoupolis roundabout. The surrounded area offers several amenities (schools, pharmacies, cafes) and easy access to main roads. It is also located at a strategic location, near Limassol Avenue, a bustling commercial hub, ensuring high visibility, traffic and parking spaces as well, and near Three-Road Frontage, factor that offers an exceptional accessibility from all directions, ideal for businesses seeking maximum exposure.

The property consists of two adjacent plots, the first with internal area of 511sq.m. and the second one with 1819sq.m. There is a display area of 200sq.m of internal area, a warehouse of 480 sq.m. of internal area and an office place of 800 sq.m of internal area into the second plot.

The potential for revitalization or redevelopment is great, making it an attractive prospect for various business ventures. It also presents a variety of opportunities for businesses, including showrooms, DIY centers, warehouses, and various other uses in alignment with local planning regulations and potential planning authority approvals.

The plots fall within planning zones ?ß2, with 160% of building density, coverage of 50%, and permission for 6 floors (24m) of construction.

Asking price for the specific asset is negotiable.
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This property listing (ref: 47149) is an advertisement supplied by Kalogirou Real Estate and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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