Shop for sale in Egkomi, Nicosia

This asset is a spacious shop on the ground floor of the building “J&P Makedon (Block A)” in Engomi, Nicosia. The asset is located on the corner of Ilia Papakyriakou Avenue and Nikolaou Skoufa Street, at a distance of c. 170m south of 28th October Avenue and c. 200m northeast of the Cyprus International Exhibition. The asset comprises of a ground floor showroom of 563sqm with a 253sqm mezzanine and a basement of 291sqm. The shop has a large storefront and can accommodate many retail uses. It also enjoys the use of 13 parking spaces in the basement and 6 uncovered parking spaces at ground level. The immediate area of the property is mainly developed with mixed use buildings, with retail units on the ground floor and offices or apartments on the floors above. Ilia Papakyriakou Avenue is a busy commercial street in Engomi which provides easy access to other areas of Nicosia. The property is currently occupied. The asset falls within two planning zones: - Eβ4 with building density coefficient of 140%, coverage coefficient 50%, in 4 floors and a maximum height of 17/14,3m. - and Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m. Reg. No. : 0/10309 EPC: Energy Class F All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.