Factory for sale in Geri, Nicosia

The property for sale is a factory within Geri Industrial Zone in Nicosia District, at a distance of 100 meters (approx.) northeast of Ftelias street and 1.4 km southeast of "Laiki Sporting Club".The property enjoys very good access to the motorway, the city of Nicosia and to all necessary amenities. The vicinity of the property is characterized by industrial buildings and mixed use buildings of various companies.The building was constructed in 2002 (approx.) and its level of construction and maintenance is satisfactory. It consists of 3 separate operation spaces, 2 offices, 2 WC's and a small kitchen on the ground floor. The 1st floor consists of 2 bedrooms with shower/toilet and a kitchen. Externally it consists of a metal shed. It has acquired a planning permit to operate as a metal factory. The area of the operation spaces is 880 sqm (approx.), the offices 55 sqm (approx.), the auxiliary rooms 55 sqm (approx.) and the metal shed 85 sqm (approx.). It is noted that the industrial building corresponds to the 1/2 share of the property and it is located on the southern part of the parcel with a land area of 2855 sqm (approx.). In addition, the property is subject to road widening scheme. It is noted that the property has acquired a distribution agreement and the share for sale corresponds to the southern part of the field specified with red colour (section A) on the drawing.The property is occupied. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). - - - - - - - - - - - The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Real Estate is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.  - - - - - - - - - - - - - District: Nicosia Municipality: Geri