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The asset is a share (50%) of a warehouse in Strovolos (leasehold). It is located in Strovolos Industrial Area, 390m from the junction between Troodos and Iosif Hadjiiosif Avenues. The warehouse is built within a land area of 3,345sqm and comprises of administration/office space, a small showroom and a basement. It has a covered area of 997sqm plus 610sqm basement. The asset offers close proximity to all amenities and easy access to the highway.
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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