FOR SALE - €5,255,000 NO VAT - REF. NO. RM17102

This asset is a large industrial manufacturing facility and warehouse in Latsia, Nicosia

The asset is adjacent to Papaflessa Street and Limassol Avenue in the Agios Georgios area, approximately 250m east of the Nicosia - Limassol motorway.

The asset has total built area of c. 7.163sqm which comprises of:
- Manufacturing area (of c. 6.360sqm) with mezzanine (of 252sqm) which is divided into raw material stock room, packaging area and goods storage area.
- Office area (of c. 793sqm) which consists of reception rooms, management offices, kitchens, toilettes, changing rooms and a cafeteria.

The area surrounding the building is fully paved and is used as a parking and loading area while the total land area of the asset is 15,965sqm.

The immediate area of the property is a well developed organized industrial area that enjoys easy access to the Nicosia - Limassol motorway.

The asset is currently partially occupied. There is vacant storage space of c. 1,450sqm and office area c. 660sqm.

The asset falls within industrial planning zone Βα3 with building density coefficient of 100%, coverage coefficient 50%, in 2 floors.

Owner: Calinora Properties Ltd

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.