Light Industrial Factrory in Limassol
This is a well-located 1,500 sqm light industrial factory sited on a land plot of 1,674 sqm within the A industrial area of Limassol. It comprises a ground-floor and first-floorwith showroom/offices c. 500 sqm and a warehouse of 450 sqm on the ground floor.The first-floor consists of offices of c. 550 sqm.
Part of the building is made of reinforced concrete and the warehouse area is made of metal structural elements.
The immediate area is one of the best organised industrial areas in Limassol. The asset also benefits from the recently constructed vertical road that connects the motor-way with the Port.
The asset is held leasehold with a duration of 99 years starting from 22/05/1970. The property is owned by an SPV company so there are no transfer fees on the purchase of the shares.
The asset falls within the Commercial Planning Zone Eβ2 with a building density coefficient of 90% and a coverage coefficient of 60%, 2 floors.
Owner: Ligisimo Properties Ltd
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