Warehouse In Latsia For Sale

Information from owner
The property for sale is a prime industrial building situated in the industrial area of Latsia, one of the most popular industrial areas of Nicosia. Latsias industrial area is located on the municipalitys southern boundaries, adjacent to the NicosiaLimassol highway A1, north of the DaliNisou industrial area and west of the neighbourhood known as Laiki Sporting. The area is dominated primarily by warehouses, car mechanics, showrooms, depot type stores whilst there are a number of companies that have offices along with their warehousedistribution centres. The property is situated along the main road Yianni Kranidioti, the old NicosiaLimassol motorway with a frontage of approximately 40m. It benefits from having direct access onto the motorway in both directions, towards Nicosia and other cities. The building comprises of three 3 adjacent industrial warehouses which were constructed approximately 15 years ago, having secured the necessary Building Permit. The building has been constructed with a metal portal frame and block infill walls. Each warehouse has its own entrance and ancillary areas including offices, WCs and a mezzanine floor. The external area is tarmacked providing access around the entire building with ample parking areas. The warehouses have a total internal area of 1,200sqm with an additional 400sqm at the mezzanine level. The field is affected by road widening and green area of a total area of 385sqm. The new area of the field will be 3359sq.m. The building is in a good condition and is vacant. The property is suitable for personal use or for rental with a satisfactory income and yield more than 5 due to its unique location.