Commercial Property in Frenaros

The property contains three adjacent residential zoned land parcels containing a supermarket, a warehouse and a parking area located in the Frenaros Community in Famagusta.

The property is leased to a known supermarket company. Further details are available upon request.

The supermarket comprises circa 550 sqm on the ground floor and circa 25 sqm of mezzanine used as storage space.
The building is used as an office space and a warehouse.

The immediate area is considered to be mainly residential with some commercial properties along, whereas in the wider area large parcels of undeveloped land can be observed.

The supermarket’s catchment area includes four surrounding villages (Frenaros, Sotira, Derinia and Liopetri).

The asset enjoys good accessibility to the surrounding areas.

The plot is zoned H2 (residential) with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m.