- 105 Shows
For sale, industrial, Nicosia, Tseri, 2,397m², €705,000
€ 705,000
- 1106 ㎡
The property for sale in an industrial building located in Tseri industrial area in the District of Nicosia. It is located at a distance of approximately 1,2km north of Tefkrou Anthia street (commonly known as ‘Chalepianes’). It is also situated approximately 900 meters east of the Tseri Beltway and approximately 2km west of the Nicosia-Limassol motorway (A1).The majority of the industrial area falls within the industrial planning zone Βγ2 (Industrial Zone – Category ‘Α’) which primarily comprises of heavy industry. The eastern part of the industrial area falls within planning zones Βα4 (Industrial Zone – Category ‘B’) and Βδ5 (Βιοτεχνική – Light industry/workshops).The factory was constructed around 2009 and had secured the necessary Building Permit as a factory/carpentry. The building comprises of a large factory space and loading bays on the ground floor, with ancillary areas including office spaces, kitchen and WCs. The ancillary areas expand over two levels and access can be gained to the 1st floor via an internal staircase.The area of the industrial space is 886 sq.m (approx.), the offices 220 sq.m (approx.) and the mezzanine 442 sq.m (approx.) .It isrented with a monthly rent of €2500/month and a yield of 4%.In addition to the above, it is important to note that the property will be in very close proximity to Nicosia’s new ring road, with Phase 1 of the project linking this industrial area directly to the Nicosia – Limassol motorway and the nearby industrial area of Dali. The Department of Public Works has announced that is has secured the funding for this as part of the Trans-European Transport Network (TEN-T) and the Central Network of Cyprus and Orient-East Med Corridor, whilst contracts for the works were signed in February 2020.
Property
For sale
Covered area
1106 ㎡
Floor
1st
Swimming pool
No
Posted
22 Apr 2023
Reference Number
AKINIA-145978 | 23620
Country
Cyprus
District
Exact map location
No