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This asset consists of three warehouses in Aradippou, within the Aradippou (Kalo Chorio) industrial area in proximity to the A3 motorway and the international airport.
The asset has a total build area 4,859sqm that comprises of Warehouse No. 2 which consists of the ground floor of 583sqm with a mezzanine of 81sqm, a basement of 308sqm and the first floor of 747sqm.Warehouse No. 4 which consists of the ground floor of 373sqm with a mezzanine of 81sqm, a basement of 640sqm and the first floor of 456sqm. Warehouse No. 5 which consists of the ground floor of 380sqm with a mezzanine of 81sqm, a basement of 660sqm and the first floor of 469sqm.
The warehouses have been constructed with high quality materials such as sandwich panels (walls & roof), fire prevention systems, fire detection systems, and provision for industrial elevator, and is designed in a way that allows for its spaces to be modified according to the requirements of the user.
The immediate area of the property is a well developed organized industrial area that enjoys easy access to the A3 motorway. The asset falls within industrial planning zone Bβ1, with building density coefficient of 100%, coverage coefficient 50%, in 2 floors.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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