For Sale

Industrial unit in Kokkinotrimithia, Nicosia

Property: 5707

€2,200,000

Status: Available

Building Area: -

Reg.No: 9/12

Sheet: 0/2-220-391

No of Parking spaces: -

Land Area: 25,707m²

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Description

The asset is a large industrial unit in Kokkinotrimithia, Nicosia. It consists of 11 buildings of varying sizes and uses. The development consists: Building A is a single storey structure with a mezzanine used as a furniture showroom and offices. It measures 759sqm covered area on the ground floor, 18sqm covered verandas and 328sqm mezzanine. Building B is a complex of 4 attached single storey metal structures of 302sqm covered area (including mezzanine) each. Building C is a small house connected to structure 1 of building B. Building D is a single storey house of 139sqm covered area and 10sqm covered verandas. Building E is a single storey structure used as personnel dining room of 79sqm covered area. Building F is a single storey structure of 614sqm used as a workshop for furniture production. Building G is a warehouse attached to Building F. It consists of 437sqm covered area and 181sqm covered verandas. Building H is a single storey structure of 2.000sqm covered area and 188sqm covered verandas, used as workshop for furniture joining and as furniture storage. Building I is attached to building H, is used for paint and varnish application on furniture and measures 1.382sqm covered area. Building J is a metal shed of 250sqm used for storage. Building K is a 20sqm covered area structure used as toilets. The immediate area comprises mostly of industrial units and empty parcels of land.
The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

Features

Land Registry

District: Nicosia
Municipality / Community: Kokkinotrimithia
Reg.No: 9/12
Sheet: 0/2-220-391
Block: 9
Parcel: 547
Zone: B1

Areas

Total Covered Area: 6,707m²
Land Area: 25,707m²

Further Features

Year of Construction: 1986

Town Planning

Town Planning Zone: Industrial
Building Density: 90%
Coverage Ratio: 50%
Max Floors: 2

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