Ground floor industrial unit in Kaimakli, Nicosia

The property is a leasehold industrial unit located in Kaimakli Industrial Area, within the Nicosia Municipality.

Property Layout:
• The ground floor consists of a workshop area and a toilet with a shower.
• The mezzanine, which is accessed via an internal staircase, consists of a kitchenette, an open-plan area, and a toilet.
• Externally the property features a yard and a storage unit.

Property Specifications:
• Land Area: 234 sq.m.
• Enclosed Area: 85 sq.m.
• Mezzanine: 38 sq.m.

The asset is built on leasehold land with an annual rent of €112.55.
The lease terms are as follows:
• 1st Period (Current): 18/12/2001 – 17/12/2034
• 2nd Period: 18/12/2034 – 17/12/2067
• 3rd Period: 18/12/2067 – 17/12/2100

The asset is located approximately 460m southeast of the Bata roundabout, 1.2 km northeast of the Palouriotissa C' Elementary School, and 900m north of the SOPAZ premises.

The property falls within Zone Βδ2, with a building coefficient of 50%, coverage of 50%, and permission for 1 floor (5.5m) of construction.

Pending issuance of Energy Performance Certificate.