The warehouse falls within the administrative boundaries of Strovolos Municipality, within the Industrial Area of the municipality, approximately 300 meters west of the Nicosia-Limassol motorway. The industrial area of the municipality is one of the largest and most important industrial areas that have been created and a large number of industrial units have been installed in the area since the area offers easy access to Nicosia and other cities.
-The property consists of two leasehold fields with industrial buildings in Strovolos industrial area, Nicosia.
-Total area: 3,110m².
-Reception area, offices, conference room, changing rooms and kitchen: 200sqm
-The warehouses have an air-conditioning system. A fire detection system and a security/surveillance system are also installed.
-Easy access to the motorway.
Great investment opportunity. The property is currently subleased with a gross R.O.I of 7.5%.
The property is owned by Vemoto Properties Ltd (SPV). When buying the shares of the company, transfer fees will not be applicable.