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Warehouse in Nicosia, Nicosia

Nicosia, Nicosia, Cyprus

ID 226687
For Sale 1,050,000

PROPERTY FEATURES

Property Type Warehouse  
Indoor Facilities
Outdoor Facilities

Description

Industrial warehouse situated in the industrial area of Kaimakli, one of the most promising industrial areas of Nicosia, with great mobility and a long-standing high demand for warehouses.

It is situated close to all necessary amenities and services. In addition, it is in a close proximity to similar facilities and industrial warehouses belonging to various companies.

The property was constructed in around 1993 and had secured the necessary Building Permit as workshops and warehouse. It consists of three separate workshops with mezzanine and loading / unloading bays with ancillary areas including office spaces and WCs. The property has the following areas:

  • Ground floor: 1,248 sqm (Including office space)
  • Mezzanine: 132 sqm
  • Office spaces: 104 sqm

The property is rented by four different tenants for €4,200/month with a high return of 4.2%.

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