Shop in Strovolos, Cyprus

Strovolos, Cyprus, Nicosia
Archive cost $3,85M
Sold or out of date
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Updated at: 24/02/2022

Location

Country: Cyprus
Region: Nicosia District
City: Nicosia
Town: Strovolos

Description

This asset is a commercial building on Strovolou Avenue in Strovolos.
The asset benefits from a 90m facade along the street and consists of:
- The ground floor with open plan retail space of 1,100sqm and a mezzanine of 580sqm.
- The first floor with an open plan showroom area of 580sqm.
- The second floor with showroom area and offices of 830sqm
- The first level basement of 1,330sqm comprising of storage rooms, toilets and a strong room.
- The second level basement of 1,795sqm comprising of parking space, storage room and toilets.
Access to all floors is provided by two staircases and three elevators.
The area is with numerous retail shops and offices along its length and residential developments on the side streets. It experiences a high amount of traffic as it provides easy access towards Nicosia city centre.
The asset falls within two planning zones:
- Eβ3 with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
- Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m. 

Location

Strovolos, Cyprus, Nicosia