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Shop for sale in Aglantzia, Nicosia

Aglantzia, Nicosia, Cyprus
Shop for sale in Aglantzia, Nicosia 726 Aglantzia
Offers in the region of
495000 €495,000  ($534,564)
Shop
Aglantzia, Nicosia
Offers in the region of

€495,000  ($534,564)

Bank Owned Property

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Compared currency flag Pay in USD and save up to $18,710

Average Bank Rate (€495,000)
1 USD = 0.8947 EUR
$553,274

Mid-market rate (€495,000)
1 USD = 0.9260 EUR
$534,564

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 829976 (5305)

Description

The property is a vacant restaurant spread over 2 units on the ground floor of ‘Doryforos Complex’ in Aglantzia on Larnacos Avenue. It consists of a ground floor and mezzanine with total area of 174 sqm and 88 sqm respectively. The ground floor hosts the main restaurant seating area and the kitchen. The mezzanine consists of offices, a storage area and changing rooms and bathrooms on one side and customer toilets on the other side. Parking is allowed in front of the property (roadside) as well as in a parking area in the rear (assigned parking spaces). The property is licensed by Planning and Building Authorities (Change of Use) to be operated as a restaurant until 2019 and it has the full necessary mechanical designs and installations to be able to operate.  It is located within a commercial zone of Aglantzia and it enjoys good accessibility to the surrounding areas.  The property is part of a complex which houses a number of commercial units such as sizeable gym (Maxx), media services (Astra, Dialogos etc), ballet school, etc.  The restaurant was fully renovated in 2012 and it is currently in good condition. The property falls within the Commercial Planning Zone Εβ3 with a building density coefficient of 160% and a coverage coefficient of 50% over 6 floors and 24,00 metres height. Reg. No. : 2/7241, 2/7242 EPC: Energy Class D All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

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