Incomplete ground floor building in a lively and central in Agios Nikolaos Quarter of Lakatameia Municipality in Nicosia District It is located south of Agiou Georgiou - Archbishop Makarios III avenues junction and southwest of "Alfamega" supermarket.
It is ideally located close to a 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 on 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 a clause for the unification of the two properties. Moreover, it has an unexhausted building density factor.
The property is subject to compulsory acquisition of 83sq.m.