AED 400,000 /year

4 Bathrooms
5,500 sqft / 511 sqm
RETAIL FOR RENT IN CORNICH RAS AL KHAIMA

Premium Location Retail Opportunity Ras Al Khaimah

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 & 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&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.

Property details

Property Type

Retail

Property Size

5,500 sqft / 511 sqm

Bathrooms

4

Available from

3 Nov 2024


Amenities

Conference room

Networked

Dining in building

Lobby in Building


Location

Map preview

Provided by

Seven X Consulting FZ-LLC

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Response time

within 5 minutes

Experience

1 year

Languages

English

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Regulatory information
Regulatory information

Reference

sp--11481945

Listed

2 days ago

Broker License

47013756

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