Auction
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Three Storey Commercial Building in Onasagorou Street, Nicosia

  • Auction
  • Lot 31
  • Cyprus
  • Mixed Use
  • Commercial

Reserve €280.000

Bidder Security €4.500 *fully refundable if unsuccessful bidder
Auction Date 31 July
Bidding Opens 10:00 (GMT+3)
Bidding Closes To be Confirmed

Property Viewings

Please contact us to discuss viewings for this property.
Phone
+357 22 000380
Email
info@cy.bidx1.com

Property Summary

  • Mixed use building in Trypiotis, Nicosia.
  • Two shops extending to approximately 124 sq. m. of total internal spaces, storage area extending to approximately 12 sq. m., and offices extending to approximately 262 sq. m.
  • Central location.
  • Vacant possession. 

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Yiannis Karagiorgis
Yiannis Karagiorgis
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Mixed use building in Trypiotis, Nicosia.
  • We are informed that the builidng is buillt within a land area of 152 sq.m.
  • The ground floor consists of two shops and a storage area of approximately 12 sq. m.. Each shop has approximately 62 sq. m. of internal areas consisting of exhibition areas and a guest toilet.
  • The first floor of approximately 142 sq. m., and the second floor of approximately 120 sq. m. consists of multiple office spaces with a common kitchen and sanitary area.
  • The building was constructed approximately in 1955.
  • Vacant possession.

Location

  • The property is located in Trypiotis parish, Nicosia Municipality, Nicosia district, under Land Reg. No. 2/4131.
  • The building is located on Onasagorou street, Nicosia’s commercial center.
  • The wider area of the property consists of both commercial and residential development such as shops, restaurants, office spaces, blocks of flats etc.

Tenancy

  • Vacant possession. 

Zoning

  • The property falls within the "ΠΕΖ-εν" Commercial Zone, which allows 180% building coefficient, 70% building coverage, 3 floors and up to 11,50 meters height.
  • The property is eligible for Government Incentives. For more info please click here

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • 2 x shops
  • 2 x office floors
  • We are informed that the building area extends to approx. 387 sq. m. of internal area.
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

Helpful links

*Terms & Conditions

Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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