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Warehouse in Latsia, Nicosia

Ref No: 5472 OFFER ACCEPTED

€ 2,150,000

Description

The property is a spacious warehouse in Latsia. It is located in the industrial area of Latsia and offers easy access to the highway. The asset consists of two spacious separated warehouses and a two-storey office building with a lobby area, a conference room, offices and a kitchen.

It has a total covered area of 3,900sqm. One of the warehouses is vacant, while the other one is rented by one of the most reputable retailers in Cyprus. The total occupied area of the property is 1,336sqm and its total vacant area is 2,564sqm. The vacant area of the property consists of office area of 722sqm, industrial area of 1,821sqm and auxiliary area of 21sqm. The occupied area of the property consists of office area of 134sqm and industrial area of 1,202sqm.

The warehouses can be unified or split into two different units with individual entrances. The property sits in a plot of 7,830sqm.

Main Features

11
VAT
No
Occupancy Status
Partly Occupied
Status
For sale

Other Features

Land Registry

District
Nicosia
Community
Latsia Municipality
Reg. No.
6/2272
Sheet/Plan
30/31W1
Parcel
2141
Zone
Βα3

Areas

Covered Area
3,900 m2
Land area
7,830 m2

Further Features

EPC
Energy Class E

Town Planning

Town planning zone
Industrial
Building density
100 %
Coverage ratio
60 %
Max floors
2

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.

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