Former Nicosia co-op building up for sale for commercial use

The commercial property known as SOTADYK (Cyprus Co-operative Building Society & Saving Bank of Public Employees) is being sold through APS.

The building is located in the Agioi Omologites area of Nicosia Municipality on a corner position on Sachtouri and Nikitara streets, by Dimostheni Severi Avenue.

With the Presidential Palace and Wargaming building in the immediate vicinity, the area is known for its commercial buildings and multi-level office buildings.

The APS advertisement does not mention a price for the property, which is said to have been constructed in around 2000, but it is understood that this will be revealed to interested parties.

It should also be noted that a branch of the Hellenic Bank currently operates within the property.

The building has five floors, of which the first, second, third and fourth floors are leased, as well as a basement, which consists of auxiliary spaces, parking spaces and an EAC substation.

The ground floor and mezzanine consist of office spaces, ancillary spaces and covered parking spaces.

The first floor is divided into two parts and is rented by two different tenants. Both parts consist of a reception area, office areas, meeting rooms, kitchen, server room, warehouse and bathrooms.

The second floor consists of a reception area, office spaces, meeting rooms, two small kitchens, a dining room and bathrooms.

The third floor is divided into two parts, which are connected to each other. It consists of a reception area, office spaces, conference rooms, two small kitchens, a dining room and bathrooms.

The fourth floor consists of a reception area, office spaces, auxiliary spaces and an uncovered roof-garden.

The covered areas amount to 3,954 sq.m., the mezzanine at 488 sq.m., the covered veranda at 614 sq.m., the uncovered veranda at 596 sq.m., with the total area of ​​the property reaching 2,400 sq.m.