Retail premises for sale in Dali, Nicosia, Cyprus

£7,442,416 (€8,680,000)
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Retail premises for sale

Property description

The property is an industrial warehouse located within the industrial zone of Dali in Nicosia. The asset is adjacent to B1 (old Nicosia–Limassol Street) on its south-western boundary, just opposite jcc facilities and at a distance of 700 meters east of the Nicosia – Limassol motorway.

The property comprises of six adjacent plots on which there is a warehouse building with a total covered area circa 7,950 sqm. The building consists of offices with auxiliary spaces (1,650 sqm) and warehouse space with chillers (6,300 sqm).

The building is in very good physical condition.

The warehouse offers 9 handling/loading electric doors/platforms and 28 parking places.

The immediate area consists mostly of small to medium size industrial properties with some oversized factories and warehouses. The wider area is well developed mostly with industrial buildings.

The property enjoys good accessibility to the surrounding areas and cities due to its close proximity to the Nicosia – Limassol motorway and other major roads. It is in very close proximity to the A1 motorway.

The property falls within the industrial planning zone Βα3 with building density coefficient of 100% and a coverage coefficient of 60% over 2 floors.

Due to the fact that the warehouse is currently leased and is an income producing asset, it presents an immediate investment opportunity.

It is noted that the ownership of the assets with registration numbers 8/560,0/2722 and 8/542 is 50% share and the ownership of the assets with registration numbers 8/683,8/684 and 8/627 is 100% share. As a result the warehouse under sale is located on the south part of the unified property.

Property Features
Agicultural road access
Attached on main road
Electricity available
Private parking (uncovered)
Residential zone
Security Alarm
Storage room
Telephone line available
Title deeds Available
Water available

Property location is approximate. Please contact the agent for further details.

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For more information about this property, please contact
SLV Estates Ltd, TQ6 on +44 330 098 8971 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SLV Estates Ltd, and do not constitute property particulars. Please contact SLV Estates Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.