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Industrial building in Kokkinotrimithia Community in Nicosia District, at a distance of 170 meters (approx.) south of Nicosia-Akaki motorway and 2.3 km southeast of the community.The property is located in Kokkinotrimithia Industrial Zone and it is situated close to all necessary services. In addition, it enjoys excellent access to the motorway and the city of Nicosia.The level of construction and maintenance of the building is satisfactory. It comprises of a ground floor and a mezzanine. The building consists of a unified industrial space, offices, kitchen, locker rooms, men/women WC and a staff area. The mezzanine consists of office space The industrial area of the building is 1080 sqm (approx.), the auxiliary rooms 108 sqm (approx.), the offices 80 sqm (approx.) and the mezzanine 260 sqm (approx.).The property is subject to a lease agreement with Cyprus Government with lease amount of €21.780/year and an expiration date 31/05/2040. It is noted that the agreement can be renewed for two periods of 33 years each.The property is occupied. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Nicosia Municipality: Kokkinotrimithia
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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