Industrial/warehouse for Sale in Nicosia

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€1,900,000 EUR

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Ref 2180373 | Latsia, Nicosia | Industrial

Currency services provided by PureFX 1,900,000 EUR  |  Approx.£1,636,090 GBP  |  Approx. US$2,033,380 USD
Latsia, Nicosia, Nicosia
  • Type: Industrial/Warehouse
  • Location: Nicosia
  • Province: Nicosia
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

The property is an industrial warehouse with a total internal area of 3.682 sqm, located in Latsia, Nicosia. It is adjacent to a public road on its northern boundary, at a distance of 190 meters west of Giannou Kranidioti Avenue and 220 meters east of the Nicosia – Limassol motorway.

The warehouse is used by the previous occupier as a garage and repair centre for vehicles whereas the ancillary extensions housed offices, hygiene areas and small parts storage. There is parking space at the front and rear of the property.

The asset is currently leased.

The property is located within the Latsia industrial area, one of the most prominent and busy industrial regions in the Nicosia district. Accessibility is very good due to proximity to the Nicosia-Limassol motorway and the main route through the industrial area. Nearby there are similar facilities such as Unicars (VW, Audi, Skoda, SEAT) service as well as the main storage units for several companies such as Nora, DIAPO and Latsia Municipality.

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

The total land area is 6.860 sqm

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