Limassol Property Industrial Warehouse

Description

15677

This property is a prefabricated concrete products industrial facility situated on government leasehold land in the 3rd industrial zone of Ypsonas, Limassol. The surrounding area consists mainly of factories, industrial warehouses, and other industrial buildings. The facility includes a production area, storage area, and administrative space, which features an office with an en-suite bathroom, a small kitchen, two additional toilets, and a warehouse.

The property consists of two buildings constructed between 2006 and 2007, with a total area of 2,200 sq.m. The buildings are designed with a steel frame structure and external brick walls. The government lease is for a period of 33 years, beginning on September 1, 2006, and ending on August 31, 2039. The current annual lease payment is EUR 23.003.99 with the option for the leaseholder to renew the agreement for additional 33-year periods, extending up to the year 2105.

Plot size: 9.158 m2