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Leasehold industrial unit / showroom in Aradippou industrial area, Larnaca. The ground floor is divided into two areas including the main manufacturing/warehouse area and the administrative area consisting of offices, a reception and showroom area, a kitchen, a dining area, 3 toilets and a storage room. The mezzanine consists of an open plan area of approximately 66 sq.m. The current lease expires on the 31/05/2039 preserving the right to renew for another 66 years (33+33) until 31/05/2095. The current ground rent (lease)is €1701.94 per year. The asset is located within the Aradippou industrial area, approximately 750m from B2 motorway. The property falls within Zone Ββ1, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors (0m) of construction.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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