Incomplete Light Industrial Building for Sale in Kokkinotrimithia, Nicosia

For Sale / EUR 395.000 (VAT not included)
77775070
or  +357 95598488

Property ID:
VL49489
Office Code:
NEAL
Type:
Storage/Industrial
41
2
235
Area:
Kokkinotrimithia
District:
Nicosia
Year Built:
1997
Covered Internal Area:
1.350 m2
Plot Size:
2.745 m2
Bathrooms:
2
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DESCRIPTION
Located in the well-established Kokkinotrimithia industrial area, this incomplete light industrial property offers excellent accessibility and is situated in close proximity to the Mall of Nicosia.
The property includes an auxiliary area featuring comprehensive facilities such as male, female, and accessible restrooms with changing rooms, a staff kitchen, a reception area, office spaces, and additional toilets with showers?designed to support a variety of light industrial or commercial operations.
The property is held under a leasehold agreement with a term of 33 years, commencing on 6th July 2009 and expiring on 5th July 2042.
There is an option to renew the lease for up to 99 years, extending the term until 5th July 2108.
This is a great opportunity for investors or businesses seeking a customizable space in a strategic location with long-term leasehold potential.

The warehouse is under a Government Sub-Lease Agreement until 6/7/2041 ( with two renewal options until 6/7/2074 and 5/7/2108) , with an annual ground rent of ?17,092.
MAIN PROPERTY FEATURES
This storage/industrial in Kokkinotrimithia, Nicosia is being offered for sale at EUR 395.000 (VAT not included).

To arrange an appointment to view this and any other property from our website, please call or email us directly.

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