Mix use building 1500m2 - kennedy, nicosia








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The property is a mixed-use building located in Agioi Omologites. It occupies a corner position on John Kennedy Avenue and Andrea Araouzou Street, just 450m from Nikis Avenue and the Ministry of Energy, Commerce and Industry.
The building comprises a basement with parking spaces and storage areas, three ground-floor shops with mezzanines, and apartments and/or offices on the upper floors. Two of the shops are vacant, while the corner unit is currently operating as a kiosk.
The property has a total covered area of 1,500 sqm, basement area of 325 sqm, mezzanine areas of 170 sqm, and covered verandas of 98 sqm. It is built on a plot of 578 sqm.
It should be noted that there are unauthorized alterations compared to the existing building permit. The new owner will be required to either submit a new planning application to legalize these alterations or remove them entirely.
Due to this, the sale will currently take place through a Contract of Sale.
The asset enjoys excellent proximity to Nicosia city center and all amenities.
Energy Performance Certificates (EPC):
Ground-floor shops and offices (1st & 2nd floor): Energy Class C
Offices (3rd floor): Energy Class D
Offices (4th floor): Energy Class E
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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