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Freehold Marina Waterfront With 8% Net ROI 8.2M For Sale

Dubai Marina, Dubai, UAE
Asking Price:
AED8,200,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Great opportunity to own the freehold of this prime located retail unit, 2,400 sq ft right on the waterfront and rented to a thriving lounge restaurant tenant for 5 years paying avg rent AED 670,000 per annum.

Liquor license, fully operating and the business is going great. The owner is selling the retail which has this lounge bar restaurant so you can sit back and relax as a passive investor and watch your investment grow.

Property Information

Real Estate:

Real Property Included

Location:

Dubai Marina

Premises Details:

2400sqft on the waterfront

Size in square feet:
2,400

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Huge

Competition / Market:

Standard

Reasons for selling:

Owner of the retail freehold is moving back home for family reasons

Trading hours:

10-2am

Employees:
8
Years established:
1

Other Information

Furniture / Fixtures value:
AED400,000
Inventory / Stock value:
AED350,000