Subject to VAT
The property is an industrial warehouse in the Engomi area of Nicosia with a total built area of 2.280 sqm and land area of 4.850 sqm. The property consists of a building with reception and office areas, storage, filing and server rooms (with an area over 2 floors of 1.825 sqm), a car-paint garage (245 sqm) and a service garage (210 sqm). The property is located in a well organised industrial/commercial area in Engomi and it enjoys good access to the main traffic routes nearby. The area surrounding the building is fully paved and is used as a parking and car wash area. The asset is currently leased with further details available upon application. The immediate area is fully developed with numerous industrial buildings and other mixed commercial use buildings such as showrooms and offices. The asset falls within the Special Area Planning Zone EΠ2. The planning zone allows for conversion to high end office space and high technology developments with the possibility for additional building density being granted by up to 10% extra.
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