The asset is a vacant industrial unit in Ypsonas Municipality, in Limassol.
The industrial land plot has a registered land area of 2.694m².
The property enjoys a western frontage of approximately 53 meters, and has also a north-eastern access through the public green area.
The building has a total covered area of approximately 697m² and comprises the following:
Ground floor: Open-plan warehouse area of approximately 583m² & office area of 54m²
Mezzanine: Two offices and a toilet of approximately 60m²
The property falls within zone Ββ3 (Government Industrial Area Cat. A and B), with a maximum building factor of 80% and coverage of 60%. There is an unutilized building density of approximately 976m².
The property is located within the new Government Industrial Estate of Ypsonas (Ayios Sylas) and approximately 1 km northwest of the roundabout of the industrial area.
The land is Vatable and for the property there are transfer fees.
We recommend you seek independent legal advice regarding any applicable property transfer fees.