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The property is a spacious warehouse in Latsia. It is located in the industrial area of Latsia and offers easy access to the highway. The asset consists of two spacious separated warehouses and a two-storey office building with a lobby area, a conference room, offices and a kitchen. It has a total covered area of 3,900sqm. One of the warehouses is vacant, while the other one is rented by one of the most reputable retailers in Cyprus. The total occupied area of the property is 1,336sqm and its total vacant area is 2,564sqm. The vacant area of the property consists of office area of 722sqm, industrial area of 1,821sqm and auxiliary area of 21sqm. The occupied area of the property consists of office area of 134sqm and industrial area of 1,202sqm. The warehouses can be unified or split into two different units with individual entrances. The property sits in a plot of 7,830sqm.
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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