Industrial building 1 consists of an office area, a mezzanine and a production area. The office area consists of a conference room, server room, storage and kitchen. It has a covered area of 150sqm. The mezzanine has an area of 550sqm. The production area has an area of 820sqm and consists of an open plan production site and warehouse area.
Industrial building 2 consists of an open plan storage area with ancillary spaces and has a total area 900sqm.
The property offers easy access to the highway and proximity to all amenities. It is currently occupied.
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) and may be subject to VAT. We recommend that you seek independent advice regarding any applicable transfer fees and/or VAT. The above sale price does not include transfer fees and/or VAT and if such are applicable, these will be paid by the buyer over and above to the sale price.