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An industrial warehouse with a total covered area of 5,650 sqm sited on a land plot of 7,918 sqm in Aradippou, Larnaca. The asset comprises of an open plan space for use as a factory/production area, storage areas which are connected internally with large openings, office space, a conference room and washrooms.
It is equipped with an alarm system, CCTV system, epoxy industrial coating on the floor, double glazed aluminium windows, provisions for fire detectors, a VRV heating/cooling system and loading bays. The current physical state of the warehouse is considered above average.
The warehouse is very well located within the industrial area of Aradippou and benefits from easy access to the motorway and close proximity to the international airport.
The immediate area consists mostly of medium to large size industrial properties with some over sized factories and warehouses.
The asset is held on a 99 year lease from the State starting from 01/10/1987.
The asset falls within the Industrial Planning Zone Bβ1 with a building density coefficient of 100% and a coverage coefficient of 50%, 2 floors.
Owner: Eracor Properties Ltd
, 0/6292
EPC: Pending Energy Certificate
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
An industrial warehouse with a total covered area of 5,650 sqm sited on a land plot of 7,918 sqm in Aradippou, Larnaca. The asset comprises of an open plan space for use as a factory/production area, storage areas which are connected internally with large openings, office space, a conference room and washrooms.
It is equipped with an alarm system, CCTV system, epoxy industrial coating on the floor, double glazed aluminium windows, provisions for fire detectors, a VRV heating/cooling system and loading bays. The current physical state of the warehouse is considered above average.
The warehouse is very well located within the industrial area of Aradippou and benefits from easy access to the motorway and close proximity to the international airport.
The immediate area consists mostly of medium to large size industrial properties with some over sized factories and warehouses.
The asset is held on a 99 year lease from the State starting from 01/10/1987.
The asset falls within the Industrial Planning Zone Bβ1 with a building density coefficient of 100% and a coverage coefficient of 50%, 2 floors.
Owner: Eracor Properties Ltd
, 0/6292
EPC: Pending Energy Certificate
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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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