For Sale €2,355,000 Building
The property is a garage with a total covered area of 2.375 sqm in Egkomi, Nicosia. The total land area of the property is 2.797 sqm.The property provides servicing and repairs to vehicles and consists of basement, ground floor and 1st floor. The GF consists of a reception area, two offices, store area and the service area of the garage. The mezzanine consists of offices, kitchen, conference room and store area. The basement is used as a store area of servicing parts. At the southwest side of the garage there is an independent GF building used as a car wash and warehouse. The garage was fully renovated in 2004. The asset is currently leased.The immediate area of the property is mainly developed with commercial buildings such as shops, restaurants and showrooms, along with upper floor offices and apartments. The asset is visible from a distance and it enjoys good accessibility towards the centre of Nicosia and the surrounding areas. The property falls within the Planning Zone ΕΠ2 (special zone) with a maximum building density coefficient of 160% and a land coverage coefficient of 50% over 6 floors and 24 meters height. All urban features must be checked with the proper authorities.