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OF-KX0NVV4B

Big corner shop in Deira Naif Area in Dubai for lease at a reasonable rate.

Dubai, DU, AE

Industry

Retail

Sub-industry

Convenience Stores

About this business

Assets Description
- 2 combined shops with 915 sq. m. of built-up area and spread over the ground floor and mezzanine.
- The shops can be converted into a showroom.
- Strategic location on the corner, with a main road location. There is a parking facility which is very rare in Dubai.
- The shops have a loading/unloading area, paid private parking, access to the public toilets, and it is right behind a mall.
- It was being used for a textile wholesale store that sold cloth material for Abayas. Because of the strategic location, the store had monthly sales of AED 300,000 but now that business has been relocated and the shop is almost empty.
- Shop has basic fit-out work.
- Buyer has to pay key money of AED 500k which would entitle them to a long-term leasehold (term can be negotiated with the owner).
- The annual lease amount will be AED 155k.