Magazyn 4 800 m² Ergates, Cypr

This substantial property comprises a sizable leasehold industrial warehouse situated in the Ergates industrial area of Nicosia. Positioned approximately 530 meters south of the Nicosia - Palaichori road and around 1.6 kilometers northwest of the center of Ergates village, the property spans an area of approximately 4,800 square meters. The building features a steel frame and concrete floors, with ceramic floors in the office areas. It is divided into two identical volumes, with the northeast section dedicated solely to storage and the southwest section serving as a combined storage and housing area for supporting facilities such as toilets, kitchen/dining areas, changing rooms, server rooms, and offices. The roof of the supporting areas is utilized as a mezzanine storage space. The immediate surroundings of the property constitute a well-established industrial area, providing convenient access to Nicosia. The asset falls under industrial planning zone B1, with a building density coefficient of 90%, coverage coefficient of 50%, and permission for 2 floors. The lease for this property is set to expire on 31/03/2037, with the option for renewal for an additional 66 years.