10% net income from RAK Free zone complex

Cluttons is proud to offer exclusive investment opportunity into Industrial factory with office and labour accommodation on-site, strategically located in the Ras Al Khaimah Enterprise Zone

Currently rented out to a blue-chip UK-owned aviation company
Consists of an on-site factory, offices and labour accommodation
Warehouse built-up area of 27,500 sqft plus 8,000 sqft mezzanine and 9,560 sqft G + 1 attached office
G+1 staff accommodation with built-up area of 7,850 sqft
Total plot area 79,100 sqft
Immediate returns at 10% through current tenancy
2 years advance PDCs in hand
EHS/Civil Defense approvals up to date
716KW - FEWA power connection
No transfer fees
Property current rental income is AED 1,000,000 NET
Plot is leased for 25 years starting from June 2014
Selling for AED 9,750,000 only (10%+ Net rental yield)

The road around the property has been completed
VIEW PROPERTY VIDEO: http://bit. ly/RAKFactory1

Call Maqsoud for viewings /

Company name: SAVILLS Middle East

Address: 2702-C Al Marzouqi Towers, King Faisal Street, Sharjah, UAE P. O. Box 3616
Email:
Website: http://sharjah. savills. ae

Founded in 1855, SAVILLS is a global real estate firm with more than 35,000 staff and 600 offices worldwide. In the Middle East, we have been the regional leader and real estate advisor of choice for over 42 years. The team provides an array of specialist services including strategic consultancy, valuations, residential sales and leasing, commercial sales and leasing, property and facilities management, international tenant representation, international residential and market research.

Property Information

TypeWarehouse
PurposeFor Sale
Reference no.Bayut - 1167-Wh-S-0276
CompletionReady
Average Rent
Added on1 October 2019

Features / Amenities

Storage Areas

Barbeque Area

Maintenance Staff

Business Center

+ 1 more amenities

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