800m² Land in Nicosia, Cyprus No. 82875

Property description

Industrial land of approximately 7,310sq.m. with a ground-floor industrial building of approximately 800 sq.m., has a flat surface and access via a registered road.

The total frontage is approximately 180m.

The property falls under the Special Area zone (EΠ6) which apart from industrial developments and warehouses, other economic activities and industrial activities uses are allowed. i.e. business offices and exhibition spaces as well as commercial uses for items that have increased volume and businesses that require storage of large quantities of the product.

In addition, provided that the area of development is at least 1,000 sqm the development of independent showroom as well as a Superstore for home goods, garden and other related items, DIY type are allowed.

Also in the zone EΠ6 the development of schools of higher education, leisure centers and cinemas as well as student residences are allowed under circumstances.

Application for issuance of planning permit in order to legalize the existing warehouse has been deposited.