3660m² Commercial for Sale in Strovolos, Nicosia District

Reference ID: #SA29456Price details: €1,750,000Two level industrial warehouse falls within the administrative boundaries of Strovolos Municipality, within the Industrial Area of the municipality, approximately 300 meters west of the Nicosia-Limassol motorway.The industrial area of the municipality is one of the largest and most important industrial areas that have been created and a large number of industrial units have been installed in the area since the area offers easy access to Nicosia and other cities.The industrial unit consists of office spaces and storage areas. The office/administrative space has a total area of approximately 200 sq.m. and it consists of a ground floor which is divided into a reception area, office spaces, a kitchen, three toilets and a 1st floor comprising by two office rooms. Furthermore, the storage space is separated internally into 3 sections which are connected internally and are used as storage areas.According to the available building density, the asset can be further expanded to 4550 sq.m. in total subject to acquiring all the necessary permits.Current government lease ending on the 30th of April 2045 with the right to re-new for another 33 years