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Commercial Building in Lakatamia Nicosia

Building Shop
Sale
€ 420,000
939 m2
Lakatamia
Overview
Property ID : a13025
Building Shop Type
Sale Contract
939 Square meters
€ 420,000 Price
Commercial Building in Lakatamia Nicosia
Lakatamia

Property description & location

Incomplete ground floor building in a lively and central in Agios Nikolaos Quarter of Lakatameia Municipality in Nicosia District.

It is ideally located close to plethora of amenities and services such as supermarkets, banks, shops, restaurants, etc.

The building consists of a ground floor and a basement. The three shops in the ground floor have been unified and they operate as a single unit. The ground floor consists of a unified shop area and three WC’s. The basement consists of a shop and 2 supplementary spaces. The masonry, the placement of mortar and the painting of the southeastern part of the building remain incomplete. The area of the ground floor is 185 sq.m (approx.), the basement 230 sq.m (approx.) and the plot 939 sq.m.

It is important to note that the property is subject to a building and planning permit with the adjacent parcel with clause for unification of the two properties. Moreover, it has unexhausted building density factor.

The property is subject to compulsory acquisition of 83sq.m.

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