FACTORY/LABOR ACCOMODATION- LEASEHOLD

Built land - LEASEHOLD
Ras Al Khaimah / Al Ghail Industrial
Industrial Plots nos : K27-K28-K57-K58
Total Area : 215278.20 sq ft
The Lease Only For Companies
This property is Leasehold for 25 years
under Lease Contract
Expires on 16 December 2032.

Property details :
Factory + Warehouse
Labor Accommodation + Offices

Vacant
The Inspection Available daily From :
10:00 AM TO 12:00 PM

Note 1:
The price shown includes the value
Of the Lease on The Land and the value

Note 2:
Ownership is only LEASEHOLD on the Land
But the land it is leased from
RAK Investment Authority with a lease
Contract for a period of 25 years
Starting From 17 December 2007
At a value of AED 300,000 per year
At a rate of 15 AED/ per Sq.M
On a total area of 20,000 Sq.M.
(The land area of this property)
The rent value of RAK Investment Authority
Is adjustable according to the current prevailing
prices of lands in the region

Your participation in the auction is an
acknowledgment of the property legal
and physical conditions

For more details or to participate
in the auction please call us at
600545454 available 24 hours.

Property details

Property Type

Factory

Property Size

215,278 sqft / 20,000 sqm

Bathrooms

none