Mixed Use Commercial Building in Latsia, Nicosia

Prime Corner Retail Shop with excellent street frontage located in the commercial area of Agios Eleftherios, Latsia, Nicosia.

Property Highlights:
• Internal Ground Floor Area: 227sq.m.
• Mezzanine Area: 80sq.m.
• Basement Area: 309sq.m.
• Total Road Frontage: Approximately 39m, on Archiepiskopou Makarios III Avenue and Iroon Street

Planning Zone
Commercial Zone: Εβ4
Building Density: 140%
Coverage: 50%
Floors: 4 (max. height 17m)

Financial Performance:
Current Annual Rent: €1,380 (billboard lease income).

Internal Layout:
• The property features a spacious open-plan retail area on the ground floor with a bar area, three storage rooms, an accessible toilets, kids’ area, staff kitchen, and staff toilet.
• The mezzanine comprises two rooms and separate male and female toilets
• The basement is used as a parking/storage area and benefits from both internal staircase and external ramp access.

Location:
• Abuts on Archiepiskopou Makariou III Avenue
• Approximately 130m southwest of Agios Eleftherios Church
• Approximately 305m east of 3rd Primary School of Latsia

The property has a separate title deed.

Pending issuance of Energy Performance Certificate.