Industrial Warehouse, Ypsonas, Limassol – id S30151

RENTED LEASEHOLD INDUSTRIAL UNITS – INCOME PRODUCING ASSET WITH A RETURN OF ABOUT 7% – REGISTERED ON AN SPV.andlt;br /andgt; andlt;br /andgt; This is a prefabricated concrete products industrial unit, erected within a leasehold government land and located in the 3rd industrial zone of Ypsonas Municipality Limassol. As a result, factories, industrial warehouses and buildings are located within the immediate area. The building comprises of a production area and a storage area. An administrative space comprising of an office with an en-suite toilet, a small kitchen, two toilets and a warehouse area. andlt;br /andgt; andlt;br /andgt; The property comprises of 2 buildings, erected during years 2006-2007, with a total area of 2.200 sq.m. The buildings are designed with steel frame structure and brick walls externally. The government leasehold lasts for 33 years, starting from 1/9/2006 and expiring on 31/08/2039. The current lease amount is EUR 23.003,99 per year, and the leaseholder can extend the agreement for additional 33-years periods i.e. Yr.2105andlt;br /andgt; andlt;br /andgt; The asset is located approximately 7.9km from Limassol General Hospital, approximately 15km from Limassol city centre and approximately 4.5km from A6 motorway.andlt;br /andgt; andlt;br /andgt; The property falls within Zone Eβ3, with a building coefficient of 80%, coverage of 60%, and permission for 2 floors (0m) of construction.andlt;br /andgt; andlt;br /andgt; GPS Coordinates: 34.725248 32.947338