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1300sqm industrial warehouse in timi, paphos

Paphos, Timi
Posted: Today 12:28 Ad ID: 6609893
1300sqm industrial warehouse in timi, paphos-1 1300sqm industrial warehouse in timi, paphos-2 1300sqm industrial warehouse in timi, paphos-3 1300sqm industrial warehouse in timi, paphos-4 1300sqm industrial warehouse in timi, paphos-5 1300sqm industrial warehouse in timi, paphos-6 1300sqm industrial warehouse in timi, paphos-7
  • Reference number: DP-CY18413/TA_2000
  • Area: 1300 m²
  • Type: Storage, warehouses
  • Condition: Brand new
  • Energy Efficiency: In Progress
  • Square meter price: €531 /m²
Location: Paphos — Timi
Approximate location
Approximate location
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The property is a 1,300sqm leasehold industrial unit situated within the Timi Government Industrial Area (Category B), in the District of Paphos. It benefits from a strategic location with excellent connectivity to the Paphos–Limassol Motorway and close proximity to Paphos International Airport.

The property is situated on a leasehold plot of approximately 5,324sqm and offers approximately 48m of road frontage. It presents an excellent opportunity for industrial use or business expansion, with approximately 3,250sqm of unused building density and approximately 1,100sqm of unused site coverage, providing significant future development potential.

The warehouse comprises a large open-plan industrial floor suitable for manufacturing, storage, or logistics operations. The mezzanine level consists of office and storage areas, while an incomplete two-storey auxiliary building with a total area of approximately 190sqm was designed to accommodate additional office space.

The property offers an internal warehouse area of approximately 1,300sqm, an 80sqm mezzanine, and the incomplete auxiliary building, making it suitable for a wide range of industrial and commercial activities.

The property is held under a Government Sub-Lease Agreement valid until 31/08/2030, with an annual ground rent of €18,683.65. Subject to eligibility under the de minimis scheme, the purchaser may qualify for a 40% reduction in the annual ground rent, further enhancing the property's investment potential.

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€690.000
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Delfi Properties Delfi Properties
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Posting since aug, 2019

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