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This asset is a commercial building formerly used as a supermarket in Kaimakli, Nicosia.
The asset comprises of a ground floor of c. 760sqm with a mezzanine of c. 630sqm, the first floor of 474sqm and a basement of c. 418sqm. The building is served by two elevators. Additional storage space has been erected at the side of the building.
The immediate area of the asset is a well developed industrial area comprising of warehouses, factories and showrooms. This Avenue is a high traffic road which provides easy access to the neighbouring areas.
The asset falls within two planning zones:
-62% of the asset falls into Βα3, with building density coefficient of 100%, coverage coefficient 60%, in 2 floors
-38% of the asset falls into Δα3, with building density coefficient of 5%, coverage coefficient 5%, in 1 floors and 5,5m maximum height
EPC: Energy Class C
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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