Industrial Warehouse / Factory In Ypsonas, Limassol

Description

Front building of offices with warehouse behind.
This freehold warehouse/building is in the industrial area of Agios Sylas under the Ypsonas municipality.
The building zone is Ba4 with a building density of 90% and a coefficient of 60% allowing 2 floors.
plot size 2,616m2 and the frontal facade of the building os 44 m2. The building has lobby/reception, showroom, 2 ground floor offices, 2 wc/showers/changing rooms, kitchen.

The staircase leads to 2 floors of offices 220m2 per floor. On the first floor there are 3 large office spaces 3 wc, 1 shower and a kitchen.
The warehouse connects to the main office building with a covered area of 1,000 m2 offering high ceilings of 12m2 and double doors of 11m2 height,
3 phase electricity.
The warehouse is divided into 3 parts which can all be joined together.
580m2 with 80m2 mezanine with storage area office space and wc.
220m2 with storage area, office space, kitchen and wc.
200m2 with storage area, office space, kitchen and wc.

Property Details
* For Sale
* Property Type: Warehouse / Factory
* Property Subtype: Industrial
* Location: Limassol, Ypsonas, Cyprus
* Internal Area: 1440sqm
* Price: €1,400,000
* VAT: N/A
* Loan Installment: €6,862

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:

Assumptions:

Closing Price: €1,400,000

Own Contribution (30%): €420,000

Loan Amount (70%): €980,000

Interest rate: 3.2%

Years of repayment: 15 years