Three-storey commercial building in an excellent location in Strovolos Municipality. It is located on Strovolou Avenue, at a distance of 300 meters (approx.) north of “METRO” roundabout and 530 meters east of “Jumbo”. The property is ideally situated close to a plethora of amenities and services. In addition, it has excellent access to the city center and the motorway. In general, it is an attractive and lively location as Strovolou avenue is considered one of the most active avenues in Nicosia.
The building was constructed 20 years ago (approx.), it is in a good state of condition and consists of a ground floor shop with mezzanine level, two upper floors with offices and a basement with parking spaces and two storages. The area of the shop is 475 sqm (approx.), the mezzanine 237 sqm (approx.) and each floor 447 sqm (approx.). The building represents the ½ share of the parcel and it is located on the northern part of the plot, with land area of 1237 sqm (approx.).
The property is rented with a satisfactory return. It needs to be noted that the property falls within the commercial zone Εβ3 which allows the construction of a six-storey building.
The above price might be subject to VAT.
The closing time for the Submission Period of tenders is 10:00 a.m. on every Tuesday morning, as stated in paragraph 7.10 of the Tender Form and section 4 of the Legal Notice.
All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. The above price may be reviewed without any prior notice.
The property is rented
Quarter: Agios Vasilios
Mezzanine: 237 m2
Year built: 1997
|Registration number||Sheet/Plan||Block||Parcel Number||Share|
COOPERATIVE ASSET MANAGEMENT COMPANY LTD
*The result of the calculation performed with the simulator is only indicative rather than binding; it therefore does not entail a commercial offer.