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Industrial warehouse in Geri, Nicosia

Ref No: 5734

€ 720,000

Description

The property is an industrial warehouse in Geri. It is located within Geri’s industrial area, 2,5km from Nicosia – Limassol highway and from Latsia’s industrial area. It abuts a cul-de-sac on its eastern boundary with a frontage of 11m.

The warehouse has a covered area of 1,075sqm on the ground floor (975sqm of industrial area and 100sqm of office area) and a mezzanine with an area of 210sqm. There are also additional ancillary spaces. It is built within a land area of 3,447sqm. It benefits from good accessibility to the main highway and Nicosia's urban area.

The surrounding area is dominated by industrial uses, including warehouses, factories, and light industrial buildings.

Main Features

VAT
No
Occupancy Status
Vacant
Status
For sale

Other Features

Land Registry

District
Nicosia
Municipality/Community
Latsia - Geri Municipality, Geri
Reg. No.
9/310
Sheet/Plan
30
Parcel
392
Zone
Βγ2

Areas

Covered Area
1,075 m2
Total Covered Area
1,285 m2
Land area
3,447 m2
Mezzanine area
210 m2

Further Features

EPC
Energy Class C
Year of construction
2006

Town Planning

Town planning zone
Industrial
Building density
90 %
Coverage ratio
50 %
Max floors
2
Max height
8.50 m

Legal disclaimer

The asset was repossessed by Gordian Holdings Limited via auction pursuant to Part VIA of the Immovable Property (Transfer and Mortgage) Law of 1965 (L. 9/1965). The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

Any markings, or designs on the property photos are indicative, for illustration purposes only and may differ from the actual boundaries.

 

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