Commercial (Warehouse) in Latsia, Nicosia for sale

The property for sale is a prime industrial building situated in the industrial area of Latsia, one of the most popular industrial areas of Nicosia. Latsia’s industrial area is located on the municipality’s southern boundaries, adjacent to the Nicosia-Limassol highway (A1), north of the Dali-Nisou industrial area and west of the neighbourhood known as Laiki Sporting. The area is dominated primarily by warehouses, car mechanics, showrooms, depot type stores whilst there are a number of companies that have offices along with their warehouse/distribution centers.

The building comprises of three (3) adjacent industrial warehouses which were constructed approximately 15 years ago, having secured the necessary Building Permit. It is also important to mention that the process of obtaining a Final Approval and separate title deed is underway.

The building has been constructed with a metal portal frame and block infill walls. Each warehouse has its own entrance and ancillary areas including offices, WC’s and a mezzanine floor. The external area is tarmacked providing access around the entire building with ample parking areas. The warehouses have a total internal area of 1,200sqm with an additional 400sqm at the mezzanine level.

The building is in a good condition and currently two of the three units are rented.