AED 1,350,000 /year
3 Bathrooms
3,750 sqft / 348 sqm
RETAIL FOR RENT IN AL HAMRA VIEWS, AL HAMRA VILLAGEUnique 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
Restaurant Rental Opportunity Luxury Tourism Site
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
26 Nov 2024
Amenities
Conference room
Networked
Lobby in Building
Location
Provided by
Seven X Consulting FZ-LLC
See all properties (184)Response time
within 5 minutes
Experience
1 year
Closed Deals
1
Languages
English
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Regulatory information
Regulatory information
Reference
sp--12074627
Listed
1 day ago
Broker License
47013756
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