Shop , Agios Dometios - Agios Georgios, Nicosia

Location • Situated in the vibrant Agios Dometios commercial area, this property offers excellent visibility and benefits from steady local footfall. • Its prime position provides immediate access to major road arteries, ensuring effortless connectivity to Nicosia’s city centre and beyond. • The surrounding neighbourhood features a dynamic mix of retail shops, professional services, and cafes, serving a large residential community. • This strategic setting ensures exceptional convenience for both staff and clientele, with numerous public amenities located just moments away. • Residing in a well-established commercial hub, the property is perfectly placed to capitalize on the area's continuous business activity. External Features • The building presents a modern and professional facade from 2009, creating an attractive and inviting presence for any discerning business. • A significant commercial advantage is the private, surface-level parking lot, providing dedicated on-site space for up to thirteen vehicles. • Occupying a substantial 558 square metre plot, the structure commands a significant street frontage that guarantees high brand exposure. • The existing ground floor configuration offers superb, barrier-free accessibility, which greatly enhances the overall customer and employee experience. • Thoughtfully constructed on a prime corner plot, the property maximizes its prominence and visibility from multiple directions. Internal Characteristics • The property encompasses a total of 633 square metres of versatile space, configured with a 200 square metre shop including a mezzanine. • A large, 400 square metre basement provides extensive space for storage or ancillary operations, supporting the main commercial area above. • The main retail level offers a bright and adaptable layout, perfectly suited for bespoke interior design and flexible commercial arrangements. • Large window frontages allow for an abundance of natural light, creating a welcoming and productive atmosphere throughout the main floor. • Equipped with modern essentials like air conditioning and double glazing, the interior ensures comfort and efficiency for all occupants. Advantages - Special Features • This property represents a premier investment opportunity, ideally suited for an owner-occupier or for generating a strong rental income stream. • There is exceptional potential to construct an additional five floors, with architectural plans already available for a mixed-use development. • The plot falls within the EB3 commercial zone, and the building allowance may be increased via development right transfers from listed buildings. • Its thirteen dedicated parking spaces offer a powerful commercial advantage that is exceptionally rare in a central Nicosia location. • Combining a modern structure with future development rights, this asset holds excellent potential for significant long-term capital appreciation. On the existing plot there is a building of four hundred square meters, a basement and shops of 200 square meters. Τhere is a possibility of developing another 5 floors, there are plans for this. there is also the possibility of transferring another 20% contribution from preserved buildings Unit reference: 54620.