Lot 45 Industrial Unit in Latsia, Nicosia

Property Enquiries

Kritonas Onisiforou

kritonas.onisiforou@bidx1.com
+357 22 000380

Viewing/ Registration Enquiries

BidX1 Support Team

info@cy.bidx1.com
+357 22 000380

Vendor Lawyer

Loukis Papaphilippou & Co LLC

l.papaphilippou2@papaphilippou.eu
+357 22271000
Description
Map
Viewings

Property Summary
  • Land within a commercial zone, with an existing industrial building. 
  • The land extends to approx. 1,950 sq.m.
  • Warehouse constructed in 1982 with a total covered area of approx. 1,174 sq.m. (According to Land Registry) 
  • Potential for residential or commercial development (subject to obtaining all necessary consents).
  • Vacant possession.
Location
  • The warehouse is situated in Agios Georgios quarter, within Latsia Municipality, Nicosia district, under Land Reg. No. 2/2912
  • It is located approx. 200 metres west of Giannou Kranidioti avenue, 1km south of the Mall of Cyprus and 900 meters east from the Nicosia-Limassol motorway.
  • Property is located at the borders of Latsia and Strovolos Municipalities and benefits from immediate access to the Mall of Cyprus, the general hospital, the motorway as well as schools, supermarkets and cafeterias.
  • The immediate area consists mostly of mixed development, including residential, commercial and light industrial developments.
Description
  • The property is an industrial warehouse with total covered area of approximately 1,220 sq.m. (835 sq.m. on the ground floor, 285 s.qm. mezzanine and ancillary space of approx. 100 sq.m. including office, kitchen and toilets).
  • On the north-east side of the plot there is an ancillary building of approx. 75 sq.m. consisting of a storage area and a toilet.
  • The structure is built with a metal frame (I-beams), brick walls and has a sloping roof. 
  • Built on a plot  of approximately 1,950 sq.m.
Accommodation

The property was not inspected or measured by BidX1. The information was provided by the Vendor. We have been informed that the property provides:

  • Industrial Warehouse extending to approximately 1,950 sq. m. and ancillary building extending to approximately 75 sq.m.
  • It is recommended that interested parties undertake their own inquiries to confirm property measurements.
Tenancy
  • Vacant Possession.
Zoning
  • The property falls within the Εβ5 commercial zone which allows for 120% building density, 50% building coverage, 3 floors and 13,50 meters.
VAT
VAT Not Applicable.

Islanders Estate Agencies Ltd as a licensed Estate Agent, T/A BidX1 Cyprus Sales

Registration No: 799 / Licence No: 376/E

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.


Contact Kritonas about this property