1106m² Warehouse for Sale in Tseri, Nicosia District

Industrial building in Tseri industrial area in Nicosia District. It is located at a distance of 1,2km north of "Chalepianes" road and 880 meters east of Tseri Beltway. It is situated close to all necessary amenities and services. In addition, it is in close proximity to similar facilities and industrial warehouses belonging to various companies. Furthermore, it has easy access to the motorway. The building was constructed around 2009 and its level of construction and maintenance is good. It has a factory area, office spaces, and a storage area. The area of the ground floor is 1103 sq.m (approx.), the offices on the first floor 159 sq.m (approx.), the mezzanine 442 sq.m (approx.), and the field 2397 sq.m. It is rented with a monthly rent of €2500/month and a yield of 4%. In addition to the above, it is important to note that the property will be close to Nicosia’s new ring road, with Phase 1 of the project linking this industrial area directly to the Nicosia – Limassol motorway and the nearby industrial area of Dali. The Department of Public Works has announced that is has secured the funding for this as part of the Trans-European Transport Network (TEN-T) and the Central Network of Cyprus and Orient-East Med Corridor, while contracts for the works were signed in February 2020.

Mezzanine: 442 m2

Uncovered Verandas: 38 m2