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Industrial Building with warehouse and office facilities. Investment
opportunity to acquire a two-storey industrial building located in the
well-established Strovolos Industrial Area, with excellent access to the
Nicosia–Limassol motorway.The property is
situated on a plot of 1,150 sqm. and comprises a total covered area of
approximately 1,500 sqm., including 1,000 sqm. of internal covered space and
a 500 sqm. basement.The warehouse is
well configured and includes a number of enclosed office spaces, providing
dedicated administrative and operational areas within the building. This layout
makes the property suitable for a wide range of industrial, logistics, storage,
distribution, and commercial uses.Property Features
Land area: 1,150 sqm.
Internal covered area: 1,000
sqm.
Basement: 500 sqm.
Two-storey industrial building
Multiple enclosed offices
Energy Efficiency Rating: C
Located in a fully developed
industrial zone
Easy access to the
Nicosia–Limassol motorway
Lease Information
Lease expiry date: 30 November
2047
Option to renew for an additional
33 years
Annual ground rent payable to the
Ministry of Energy, Commerce and Industry: €846 /year
The
property benefits from a strategic location within one of Nicosia's most
established industrial areas, combined with a long lease term and exceptionally
low annual ground rent, making it an attractive opportunity for investors or
owner-occupiers.For further details or viewing please contact our office.
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.
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