Retail premises for sale in Latsia, Nicosia, Cyprus

£4,495,967 (€5,255,000)
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Retail premises for sale

Property description

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.

Vat not Applicable

No Title Deed

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.