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This asset is a commercial space formerly used as a restaurant in Makedonitissa, Nicosia.
The asset comprises of a 272sqm ground floor consisting of an open plan dining area, kitchen and storeroom and a 253sqm basement that consists of parking spaces, storeroom, toilets and staff locker room. In the basement, there is also a 54sqm auxiliary space. Access to the basement is via an internal staircase and an external ramp.
The immediate area of the asset comprises of residential developments and numerous commercial developments.
The asset falls within residential planning zone Κα5 with building density coefficient of 100%, coverage coefficient of 50%, in 3 floors and a maximum height of 13,5m.
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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