The property is a single storey building with mezzanine located in Agios Dometios, Nicosia. The asset is situated on Prigkipos Karolou Street, opposite Asty Hotel, c.760m north of Metochi Kykkou, and 740m east of the Agios Dometios Police Station. The asset comprises of an open plan ground floor with a total area of 320sqm, a mezzanine (110sqm) and a basement (490sqm). The ground floor consists of an open plan retail area and a laboratory, the mezzanine consists of a large open space, two sanitary areas, showers and a storage area. The immediate area mainly consists of commercial developments, with shops, restaurants, showrooms on the ground floor and offices or apartments on the upper floors. In the wider area of the asset there are residential developments with apartments as well as listed buildings of historic significance. The asset is located in the centre of Agios Dometios and as a result it enjoys good accessibility towards the Nicosia city center and the surrounding areas. The asset falls within the Eβ3 commercial planning zone, with building density coefficient 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m. The property benefits from an additional 896sqm building coverage ratio.