Nicosia, Latsia, Cyprus

Industrial Plot for Sale, in Latsia area, Nicosia. The property is into industrial area in Latsia area and it is near of a variety of amenities, such as supermarkets, schools and restaurants. The asset is located approximately 1km to the motorway and is within close proximity to the Mall of Cyprus, the Nicosia general hospital and the main motorway. The immediate area consists of industrial warehouses, workshops, factories and storage facilities.

The plot has 10628 sq.m. of area and it is noted that the property is subject to a compulsory purchase order for road network of approximately 2.318 sq.m., for public green area of approximately 800 sq.m. and for public pedestrian pathway of approximately 160 sq.m., resulting in a total net area of approximately 7.360 sq.m. In addition, the plot falls within the industrial and commercial Zones Bα3/EB1, with a building coefficient of 100%, coverage of 60% and permission for 2 floors of construction.

The plot consists of an industrial building of 2.545sq.m. of internal covered area. The basement of approximately 550 sq.m. consists of a reception area, 2 storage rooms, a dining room and toilets.
The ground floor of approximately 1,700 sq.m. consists of 2 office spaces, a small kitchen, storage spaces, a freezer room, an open-plan space and an electrical substation.
The 1st floor of approximately 295 sq.m. consists of 3 office spaces, toilets, a room and covered verandas.