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The property is a commercial building known as “SOTADYK” located on Agioi Omologites area, Nicosia Municipality, and holds a corner position on Dimostheni Severi Avenue. Sahtouri Street and Nikitara Street. The immediate area is characterized by commercial buildings and Multi-storey office buildings. The building has five floors, of which the first, second, third and fourth floors are tenanted and a basement. The basement consists of auxiliary spaces, parking spaces and EAC substation. The ground floor and mezzanine consist of office spaces, auxiliary spaces and covered parking spaces. The first floor is divided in two parts and is tenanted by two different tenants. Both parts consist of a reception area, office spaces, conference rooms, kitchen, server room, storage room and bathrooms. The second floor consists of a reception area, office spaces, conference rooms, two small kitchens, dining area and bathrooms. The third floor is divided in two parts, but they are connected. It consists of a reception area, office spaces, conference rooms, two small kitchens, dining area and bathrooms. The fourth floor consists of a reception area, office spaces, auxiliary spaces, and un-covered roof-garden. The property is rented. The Commercial Building in Central Location was constructed approximately in 2000. Asking price for the specific asset is negotiable.
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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