Industrial Building with a Lease Agreement in the Strovolos Industrial Zone. - Published

Strovolos, Nicosia

Overview

Reference

31308

Category

Warehouse

Property type

commercial

City

Nicosia

Furnished

No

Description

Industrial Building with warehouse and office facilities. Investment opportunity to acquire a two-storey industrial building located in the well-established Strovolos Industrial Area, with excellent access to the Nicosia–Limassol motorway. The property is situated on a plot of 1,150 sqm. and comprises a total covered area of approximately 1,500 sqm., including 1,000 sqm. of internal covered space and a 500 sqm. basement. The warehouse is well configured and includes a number of enclosed office spaces, providing dedicated administrative and operational areas within the building. This layout makes the property suitable for a wide range of industrial, logistics, storage, distribution, and commercial uses. Property Features Land area: 1,150 sqm. Internal covered area: 1,000 sqm. Basement: 500 sqm. Two-storey industrial building Multiple enclosed offices Energy Efficiency Rating: C Located in a fully developed industrial zone Easy access to the Nicosia–Limassol motorway Lease Information Lease expiry date: 30 November 2047 Option to renew for an additional 33 years Annual ground rent payable to the Ministry of Energy, Commerce and Industry: €846 /year The property benefits from a strategic location within one of Nicosia's most established industrial areas, combined with a long lease term and exceptionally low annual ground rent, making it an attractive opportunity for investors or owner-occupiers. For further details or viewing please contact our office.