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Blackstone Gulf Real Estate presents a spacious commercial property offering approximately 6,168 sq. ft. (573 m²), featuring expansive indoor areas, dedicated back-of-house facilities, and covered and open balcony spaces.
The property’s layout offers an attractive opportunity for a restaurant, café, or hospitality concept seeking a combination of indoor and outdoor customer areas, subject to the relevant approvals.
PROPERTY DETAILS
Total Area: Approx. 6,168 sq. ft.
Main Indoor Area 1: 1,823 sq. ft.
Main Indoor Area 2: 1,850 sq. ft.
Kitchen / Back-of-House: 863 sq. ft.
Covered Balcony: 987 sq. ft.
Open Balcony: 668 sq. ft.
Concept : Family-friendly dining.
COMMERCIAL TERMS
Annual Lease Price: AED 600,000
Annual Service Charge: AED 60,000
Security Deposit: AED 100,000
Fit-Out Period: 180 Days
Agency Commission: 10% of the first year’s gross annual rent + 5% VAT
COMMERCIAL OPPORTUNITY
With its generous layout, dedicated kitchen area, and combination of indoor and outdoor spaces, offers considerable flexibility for businesses looking to establish a distinctive dining or hospitality destination.
The 150-day fit-out period provides time for planning and developing a concept tailored to the property’s configuration and operational requirements.
For further information, floor plans, or to arrange a viewing, contact Blackstone Gulf Real Estate.
Company Profile:
We are so much more than a full-service real estate firm. We’re a group of talented people with a passion for finding the best way to gain maximum returns on our property investments and ensure our clients receive the best service possible.
Blackstone Gulf
Defined by Structure, Driven by Intent.