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This asset is an industrial warehouse in Dali Industrial Area, Nicosia.
The asset comprises of a warehouse and an administrative building.
The warehouse has a ground floor area of c. 6,253sqm and a c. 157sqm first floor. It consists of warehouses, chiller rooms and a retail area.
The administrative building comprises of c. 795sqm as a ground floor and a c. 792sqm first floor.
The asset is currently leased.
The immediate area of the property is a well-developed industrial area with easy access to the motorway.
The asset falls within industrial planning zone I’I±3, with building density coefficient of 100%, coverage coefficient 60% and 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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