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Industrial warehouse/showroom in strovolos, nicosia

Nicosia, Strovolos - Ap. Varnavas and Ag. Makar.
Posted: 02.03.2025 02:03 Ad ID: 4697113
Industrial warehouse/showroom in strovolos, nicosia-1 Industrial warehouse/showroom in strovolos, nicosia-2 Industrial warehouse/showroom in strovolos, nicosia-3 Industrial warehouse/showroom in strovolos, nicosia-4
  • Reference number: 30153
  • Area: 2363 m²
  • Type: Building
  • Condition: Resale
  • Construction year: Older
  • Energy Efficiency: In Progress
  • Square meter price: €296 /m²
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A corner industrial warehouse/showroom situated in Strovolos, Nicosia industrial area.

The property is divided to a warehouse and a showroom/office space on the ground floor and a showroom, storage and office space on the top level, and was used by a furniture company.

The exterior consists of a number of covered and uncovered parking areas and various temporary outbuildings.

The current lease term expires on 30/04/2045 and there is an option to renew for a further 33 years, i.e. until 2078

The property also benefits from a total road frontage of approximately 100m.

The property is subject to a partial vat treatment which the land value will be subject to 19% vat and the rest of the sale price will be subject to transfer fees

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