Development opportunity in Industrial/Commercial land, Latsia, Nicosia – id S30115

Development opportunity in a vacant property on a well proportioned site extending to about 10.638 sq.m. (105m wide x 110m depth). andlt;br /andgt; The asset is surrounded by mainly large commercial and industrial units and is within close proximity to the Mall of Cyprus, the Nicosia general hospital and the main motorway. andlt;br /andgt; The industrial building within the land is two-storey high and is situated on the northern boundary of the parcel.andlt;br /andgt; The basement of approximately 550 sq.m. consists of a reception area, 2 storage rooms, a dining room and toilets.andlt;br /andgt; The ground floor of approximately 1,700 sq.m. consists of 2 office spaces, a small kitchen, storage spaces, a freezer room, an open-plan space and an electrical substation.andlt;br /andgt; The 1st floor of approximately 295 sq.m. consists of 3 office spaces, toilets, a room and covered verandas.andlt;br /andgt; The property is subject to a compulsory purchase order for road network of approximately 2.318 sq.m., for public green area of approximately 800 sq.m. and for public pedestrian pathway of approximately 160 sq.m., resulting in a total net area of approximately 7.360 sq.m.