Description This asset is a large industrial manufacturing facility and warehouse in Latsia, Nicosia
The asset is adjacent to Papaflessa Street and Limassol Avenue in the Agios Georgios area, approximately 250m east of the Nicosia - Limassol motorway.
The asset has total built area of c. 7.163sqm which comprises of:
- Manufacturing area (of c. 6.360sqm) with mezzanine (of 252sqm) which is divided into raw material stock room, packaging area and goods storage area.
- Office area (of c. 793sqm) which consists of reception rooms, management offices, kitchens, toilettes, changing rooms and a cafeteria.
The area surrounding the building is fully paved and is used as a parking and loading area while the total land area of the asset is 15,965sqm.
The immediate area of the property is a well developed organized industrial area that enjoys easy access to the Nicosia - Limassol motorway.
The asset is currently partially occupied. There is vacant storage space of c. 1,450sqm and office area c. 660sqm.
The asset falls within industrial planning zone ÎÎ±3 with building density coefficient of 100%, coverage coefficient 50%, in 2 floors.
Vat not Applicable
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