Commercial property in Nicosia (downtown) Cyprus 7m²

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$‍9 976 349‍

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Buildings - 5656 The property is an industrial warehouse located in the Dali industrial area in Nicosia. The asset is located adjacent to B1 (old Nicosia-Limassol street) on the south-west border, directly opposite the JCC facilities and 700 meters east of the Nicosia - Limassol motorway. The property consists of six adjacent plots, on which there is a warehouse building with a total covered area of approximately 7,950 sq.m. The building consists of offices with auxiliary premises (1,650 sq.m.) and warehouses with chillers (6,300 sq.m.). The building is in very good physical condition. The warehouse offers 9 loading/loading electric doors/platforms and 28 parking spaces. The immediate area consists mainly of small and medium-sized industrial sites with some large factories and warehouses. The wider area is well developed with mainly industrial buildings. The property has good accessibility to the surrounding area and towns due to its close proximity to the Nicosia - Limassol motorway and other main roads. It is located very close to the A1 motorway. The property is located in the industrial planning zone Βα3 with a building density ratio of 100% and a coverage ratio of 60% on 2 floors. Due to the fact that the warehouse is currently leased and is an income producing asset, it represents an immediate investment opportunity. It is noted that ownership of assets with registration numbers 8/560, 0/2722 and 8/542 is 50%, and ownership of assets with registration numbers 8/683, 8/684 and 8/627 is 100% share. As a result, the warehouse is being sold in the southern part of the single property.