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Palm Jumeira On Beach Restaurant NIL KEY MONEY For Sale

The Palm Jumeirah, Dubai, UAE
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

NO KEY MONEY!
Hopefully you are in the restaurant business with a great brand and looking for fitted large premises with a private beach and all without key money? ,,,then this is for you. This is a real stunner of a deal and it is located in one of the most vibrant and impressive 5star hotel's on Jumeirah The Palm, West Crescent.
(agents please excuse)
.
6500sqft indoors
7600sqft outdoor terrace
10000sqft private beach
Liquor Licensed
Pavilion open bar
Panoramic glass sliding terrace doors
Al Fresco dining
Super cool outdoor bar and disco area
Direct onto white sandy expansive beach
Permission to add further 6-10,000 sqft of premises (ask for pricing)
Extended trading hours
Party noise permitted
Events permitted
Shisha NOC given

Property Information

Real Estate:

Lease

Lease Terms:

2+3

Lease Rent:
AED145 per sq ft per annum
Location:

the Palm Jumeirah

Premises Details:

5 star modern Hotel on the beach

Size in square feet:
14,000sqft Bua plus 10,000sqft private beach

Business Operation

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

yes can add 5-12,000 sqft premises

Competition / Market:

standard

Reasons for selling:

hotel requires a professional brand for the beach club

Trading hours:

TBD

Employees:
25
Years established:
12months

Other Information

Financing available:

No

Furniture / Fixtures value:
AED250,000 - included in the asking price