AED 1,350,000 /year

3 Bathrooms
3,750 sqft / 348 sqm
RETAIL FOR RENT IN AL HAMRA VIEWS, AL HAMRA VILLAGE

Restaurant Rental Opportunity Luxury Tourism Site

Unique Business Opportunity for New or Existing Restaurant Brand

An opportunity has emerged to establish & run a restaurant within a renowned hotel and serviced home establishment, located in a prime area of Ras Al Khaimah. The property features a fully equipped kitchen and state of the art facilities, providing the perfect foundation to create a standout dining experience in a prestigious setting.


Summary Proposal

• Established restaurant brand sought to take over existing operation

• The restaurant area comprises soft seating reception/ café area, ground floor, first floor, first floor outside area and a soft seating theatre area

• As well as operate the restaurant for incoming customers, the restaurant operation will cater for guests’ breakfast, room service and other needs throughout the day. The operator will be permitted to use the upstairs section of the premises for private events and normal restaurant operation

• Operation will be permitted to obtain an alcohol license

• It is desirable that the operation sell shisha in the upstairs outdoor area

• The operation will be permitted to set up a delivery operation - the location is perfect for tapping into local markets such as Al Hamra, Mina Al Arab and Marjan Island

• The kitchen is new and fully fitted out (equipment is included in the rental agreement)
presenting a massive cost saving

• Rent free period for fit out negotiable

• The hotel owner will make the final approval

• Minimum rental term is five years with advance agreement of incremental rent increase

• Yearly Rent 1,350,000 AED – (this excludes standard real estate fees)


As an established and renowned operator in the UAE hospitality sector, we are seeking an equally reputable brand for this joint venture.

Neill Farkhondeh is the appointed agent for this project - please direct all enquiries to him.

+971 54 225 0777
Neill@sev7n.ae

Property details

Property Type

Retail

Property Size

3,750 sqft / 348 sqm

Bathrooms

3

Available from

12 Dec 2024


Amenities

Conference room

Networked

Lobby in Building


Location

Map preview
Al Hamra Views
Residential Insights

Price Range:

120K-395K AED/year
Al Hamra Village
Community Insights
4.5/54 building reviews

Price Range:

25K-855K AED/year

Provided by

SuperAgent

Neill Farkhondeh

5.0

Seven X Consulting FZ-LLC

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Response time

within 5 minutes

Experience

1 year

Closed Deals

1

Languages

English

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Regulatory information
Regulatory information

Reference

sp--11853828

Listed

10 days ago

Broker License

47013756

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Neill Farkhondeh

5.0

Usually responds within 5 minutes

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