The two-storey building on the plot was previously used as a showroom with a total area c. 3,000sqm. The other building (2,520 sqm) is partially rented as a storage space.
The immediate area of the asset is a fully developed area with numerous industrial buildings (factories and warehouses), showrooms, and offices.
The property benefits from easy access to all areas of Nicosia.
The area is characterised as Special zone area per the latest Nicosia Local Plan, allowing for commercial use, such as showrooms, galleries, DIY hypermarkets, cinemas, student halls etc.