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£4,333,759

€5,000,000

Retail premises for sale

Pano Paphos - Up Town, Paphos, Cyprus

£4,333,759

€5,000,000

Retail premises for sale
Pano Paphos - Up Town, Paphos, Cyprus

    About this property

      The development is situated in an exceptionally advantageous location and boasts easy accessibility via Dimokratias and
      Anexartisias avenues, merely a minute's drive from the highway, facilitating connectivity to other cities The beach is
      conveniently reachable within a 5 minute drive. The surrounding area encompasses shopping malls, supermarkets, hospitals, universities, and schools Notably, the area has experienced a significant surge in various investments focused on commercial developments.

      The development comprises five plots. The initial plot was used for the construction of the building, while the remaining four plots
      collectively provide space for a total of 72 parking spaces. This exceptional 9 floor building is designed with a distinctive architectural feature, setting it apart from traditional structures. Each floor boasts a spacious and open layout without the presence of columns in the middle. The structural integrity is achieved through strategically placed load bearing walls, providing not only a modern aesthetic but also maximizing the flexibility of interior spaces. This design innovation enhances the overall functionality, making it a standout choice for prospective buyers. The versatility of the development and the open plan design, allows the building to have many potential uses such as retail, offices, medical center, student accommodation, school, university, and more.

      Building features:

      2 Elevators (1 panoramic)
      Fully Airconditioned
      2 emergency staircases (1 indoor, 1 outdoor)
      10 toilets | 2 bathrooms
      Roof garden area
      Fully functional commercial kitchen
      Extensive emergency fire systems
      Server Room
      K nx lighting control
      Full sound system

      The entirety of the building is presently utilized by the owners as a retail department store. The ground floor features a cafeteria equipped with a fully operational commercial kitchen.

      Total land area: 3176 m²
      Building Plot: 793 m²
      Building Size: 3771 m²

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      D Maratheftis West Coast Ltd

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