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This asset is a leasehold industrial workshop in the Ergates industrial area, Nicosia.
The asset is located c. 530m south of Nicosia - Palaichori road and c. 1.6km northwest of Ergates village center.
The asset has an area of 626sqm building consists of a reception area, two offices, server room, toilet, changing rooms, washing room, butcher room, packing facilities and refrigerator chambers. Externally the asset is paved with asphalt and is fenced.
The immediate area of the property is a well-developed industrial area with easy access towards Nicosia.
The asset falls within industrial planning zone B1, with building density coefficient of 90%, coverage coefficient 50% and 2 floors.
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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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