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For sale is an industrial warehouse (Γ) within in one of Cyprus’s most popular industrial areas, located within Aradippou Municipality in the city of Larnaca. The property is located at a distance of 1.5 km (approx.) east of the motorway and 250 west meters of Iakovou Patatsou Avenue.The industrial area benefits from having direct access onto the main motorway network with great connectivity and easy access to all cities including Nicosia, Limassol, Paralimni as well as Larnaca’s city centre. Additionally, it is only a short drive away from Cyprus’s International Airport and Larnaca’s harbor.The industrial complex was constructed in 2007 and had obtained all necessary Planning & Building Permits.Warehouse (Γ) comprises of a large open space and toilets with a total area of 460sqm (approx.).For sale is the 1/6 share of the title deed that corresponds to warehouse (Γ). It is noted that there is no distribution agreement.The property falls within the Industrial Zone Βα3 (category B), having a building density of 100%.It is noted that the warehouse is rented for €650/month with a yield of 3,5%.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 1169947. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.