Prestigious Club in Wafi Mall - Fast ROI

Pyramid Centre, Oud Metha

Summary

  • Price:

    AED 3,500,000
  • Property Type:

    Retail
  • Reference No.:

    EL-S-8746
  • Size:

    12,500 sqft.
  • Bathrooms:

    0

Description

Oud Metha

Oud Metha is a locality in Dubai, United Arab Emirates (UAE). Although a small residential locality it has several commercial and entertainment complexes, schools and cultural clubs.

The Club

  • KEY MONEY: AED3.5M
  • Near Wafi City Mall
  • LLC trade license prepaid till 2016 with Lease til April 2018 (renewable) for a Licensed (serving alcohol) venue - activities allowed are Restaurant,Shisha outdoors, Bar/Lounge,Nightclub till3amactivities. Same DED LLC has no other activity and can be transfered for ease of transaction.
  • Bands and DJs can be applied for through DTCM
  • 12,500+ sq.ft. of which 8787 sq.ft. is internal and remaining is outdoor wrap-around terrace - tented structure included
  • Complete fit out decor and assets - 18 months old - included - Air conditioning, Outdoor tents, MEP, Washrooms, Sprinklers, Fire Fighting, Lights, Speakers, Projectors, screens, partitions, electric curtains, DJ equipment, Bars, fridges, counters, kitchen equipment, hot and cold, glassware, walk in fridge and freezer.
  • Competitive rent with DEWA water and electricity included less than 1.7M annually.
  • Valet service available, and separate elevator entrance and foyer included
  • Ideal for Nightclub or Bar/Lounge or high end restaurant
  • Typical industry is shell and core rental with investment approx 200 aed per sq.ft. plus 350-450 rent and 6-8 months building - with just minor capital for front of house flooring and furniture a new concept can be up and running with all necessary civil, municipality approval in just 1-2 months meaning faster ROI.
PROCESS:
  • TO EXPRESS INTEREST, A NDA MUST BE SIGNED.
  • PROFILE AND CONCEPT SUBMITTED
  • VIEWING WILL BE ARRANGED
  • LOI WITH TERMS AND REQUESTS ALONG WITH CHEQUE FOR 15% TO SHOW SERIOUSNESS.
Elysian Real Estate Broker LLC
RERA ORN: 619
Address: Office 211, Building 7, Gold and Diamond Park, Dubai
Office phone no: +971 (0) 4 323 4545
Office fax no: +971 (0) 4 341 7781
Primary email: promo@elysianrealestate.com
Website: www.elysianrealestate.com
PROPERTY FEATURES:
-Central air conditioning
-Fully fitted kitchen
-Fully furnished
-Marble floors
-Communal gardens
-Metro station
-Mosque
-Public park
-Public parking
-Public transport
-Restaurants
-Shopping mall
-Shops

Amenities

  • Central air conditioning

  • Fully fitted kitchen

  • Fully furnished

  • Marble floors

  • Communal gardens

  • Metro station

  • Mosque

  • Public park

  • Public parking

  • Public transport

  • Restaurants

  • Shopping mall

  • Shops

Map

Sabele Buraik

Contact Agent

Call +971 4 3234545 or send an email:

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