Name: Retail spaces for rent in Cornich Ras Al Khaima
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Retail spaces for rent in Cornich Ras Al Khaima - 3 retail spaces for rent | Property Finder UAE

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Retail spaces for rent in Cornich Ras Al Khaima

Neill Farkhondeh

Seven X Consulting FZ-LLC

Business Opportunity - Corniche Ras Al Khaimah 

Open to established restaurant brands, venue providers and large-scale retail operators. 

In this property, your main criteria for expansion has already been met:

1. Location 

A large scale residential and commercial community that attracts locals and tourists all year round. 

2. Footfall

The premises is located on the ground floor of a residential building amongst five other residential buildings giving you an immediate consumer base of over two thousand within a hundred meters.  In addition, there is a community of five thousand residents within a kilometre. A brand-new building with a further three hundred apartments will launch in just a few months. 

3. Tourism 

The Corniche is a lively area of trade attracting tourists and residents from other communities in Ras Al Khaimah all year round. A number of restaurants, cafes, retail units and office spaces occupy this bustling stretch of the city along the lagoons. Year on year tourism in this area is increasing and as the Corniche experiences further development and investment there is no doubt the right business can capture the growing trade potential. 

4. Premises 

You will have over 8,000 square feet of floor space to play with including huge rooms to the rear of the building and a mezzanine floor that will overlook the entire operation. 


Potential Business Operations: 

- Restaurant / Cafe / Food Delivery 
- Supermarket 
- Product Showroom 
- Events Venue (Weddings etc)
- Serviced Office/ Co-working Location 
- Major Retail Outlet 

Please Note: 

* Owner has final approval 
* Rent is negotiable for long term contracts 
* Rent free fit out period offered 

To discuss this opportunity in detail please get in touch

Cornich Ras Al Khaima

Ras Al Khaimah

Restaurant Events Venue Showroom Available To Rent

Commercial Space Available to Rent 

Busy Location Close to Ras Al Khaimah Corniche 

90,000 AED Per Year (negotiable for multiple years contract) 

Minimum Two-Year Contract 

Semi- Fitted Property 

Located just behind the Ras Al Khaimah Corniche, this is a prime spot to open a restaurant or food delivery business, a cafe, mini market or other retail offering. Located within a busy area with several consumer bases: tourists, residents &amp; workers. This property is open to existing business wishing to expand or new businesses wishing to capitalise on the growth of Ras Al Khaimah, especially in this area. 

Feasibility: 

- High Footfall Area 
- Over 8,000 Residents within 0.5km 
- Hundreds of Active Offices and Business within 0.5km 
- Corner Unit Exposed to Several Directions of Traffic 
- Busy Commercial Street 
- Ideal For Food Delivery Business 

Premises: 

- Ground Floor Unit of Commercial Building 
- Highly Exposed Corner Unit 
- Accessible by Service or Main Road 
- Lots of Street or Allocated Parking 
- Next to Residential Towers 
- Next to Busy Mosque
- Strong Visibility with Good Signage 
- High External Exposure with Floor to Ceiling Windows 
- Partitioned for Front and Back of House 
- Customer WC 
- Semi Fitted 

Cost Breakdown 

Annual Rent: 90,000 AED 
Municipality Fee: 4,500 + 25 
Agency Fee: 5% of Total Contract 
Security Deposit (refundable): 5,000 AED 
FEWA: 2,000 AED Deposit (refundable)
Rent Free Fitout Period: Negotiable 
Multiple Year Contract: Negotiable on Min 3 Years Contract 


If you have any questions or would like to discuss this opportunity in more detail, please get in touch. 

Neill +971 54 225 0777

Prime Location for Food or Retail Business in RAK

Premium Corniche Retail Unit Available For Rent 

To view this property or to find out more please contact Neill on +971 54 225 0777 

Summary: 

5,500 sqft Floor Space 
Ground Floor + Mezzanine 
Premium Corniche Location 
High Traffic Area 
Sublease Potential 
12 Week Rent Free Period for Renovation 
Front &amp; Rear Parking 
Separate Entry Road 


Feasibility 

Located on the ground floor of an apartment building with over a hundred apartments, the building is the third in a row of  seven apartment complexes with over six hundred apartments and close to two thousand residents. At the rear of the building there are three streets of residential dwellings with approximately a further five hundred residential apartment buildings and villas. Within this row of buildings there are a number of existing businesses bringing traffic to the area, most significantly and creating a strong opportunity is the highly rated Mangrove Hotel with strong occupancy rates year round. There are retail units, banks, gyms, restaurants and cafes within close proximity to the unit. The building is located in the heart of the corniche which is an attraction for both residents and tourists of Ras Al Khaimah. The building is also located on one of the busiest roads in the city area of Ras Al Khaimah - a business that can effectively take advantage of the external signage opportunity will have the ability to attract consumers from multiple avenues. This is an opportunity for a number of businesses, whether F&amp;B, retail or other service providers, to create a foothold in a premium location within the growing Ras Al Khaimah market. The owner is seeking a minimum term of three years and will personally approve the proposed business concept before agreeing terms. 

To view this property please contact Neill on +971 54 225 0777 

We have a number of commercial, office and residential properties available for rent or purchase, please get in touch to discuss your needs.

Retail spaces for rent in Cornich Ras Al Khaima

Restaurant Events Venue Showroom Available To Rent

Prime Location for Food or Retail Business in RAK

Premium Location Retail Opportunity Ras Al Khaimah

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