This commercial asset is very well located in Strovolos, Nicosia, at the entrance/exit to the city and surrounding areas.
The plot contains a two-story building that was used for cooking and storage.
The building consists of (a) a basement area of 537 sq. (b) the ground floor with an area of 1,768 sq.m. used as office space, production facilities and storage facilities and (c) 420 sq.m. office space and engine rooms.
The total building area is 2,725 sq. m. However, the plot area is 10,683 sq.m., and the planning area allows you to build a large built-in area.
The immediate area consists mainly of hypermarkets (e.g. Mall of Cyprus, IKEA, Superhome Center, Leroy Merlin) and exhibition halls.
The asset benefits greatly from its easy access to the motorway (linking Nicosia with Limassol and Larnaca), its proximity to the center of Nicosia and other well-populated municipalities, for example. Latija, Geri, Strovolos.
There is significant demand for large commercial buildings in this growing area of the city.
The property is zoned as Βa3/BE1 (industrial) with 100% building density, 50% coverage and 2 floors.
