Shop for sale in Nicosia Walled Old City, Nicosia

This asset is a two storey semi-detached building used as a bar in Agios Savvas quarter within Nicosia’s old city walls. The asset is located on Aristeidou Street, c. 225m northeast of Ledras and Onasagorou street junction and c. 150m northwest of ‘OXI’ roundabout. The asset benefits from a road frontage of c. 15m, a ground floor of c.235sqm, an additional floor of c. 75sqm, a semi basement of c. 235sqm and a veranda of c. 72sqm. The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia. The asset falls within planning zone ΕΖ with building density coefficient of 160%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m. Reg. No. : 1/696 EPC: Pending Energy Certificate All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.