Description

This asset is a leasehold factory in the Frenaros industrial area, Famagusta.

The asset is located 30m south of the Frenaros - Avgorou road and 310m west of the Frenaros -Liopetri road.

The factory comprises of an office space of 116sqm and a production area of 1,084sqm.

Lease duration: 01/02/2007 – 31/01/2040 with a renewal clause for two 33 year periods.

The immediate area of the asset is a fully developed industrial area that benefits from easy access.

The asset falls within the industrial planning zone Β1, with building density coefficient of 100%, coverage coefficient 50%, in 2 floors. .

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 0/6062

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 07/08/2020.

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Additional Details

District Famagusta
Area/Village Frenaros
Type Factory
Vat Plus Vat
Title deed Yes

Location

Tender Form

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