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.
Oud Methais bordered by the localities of Al Karama, Umm Hurair 2 and Zabeel. It is the home of Al-Nasr Sports Club, a football club of the UAE League based in Dubai.
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.
Company name: 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:
Website: www.elysianrealestate.com
Company Profile
Awarded as top agency in the region, Elysian promises every eager investor locally and worldwide the best value for his money offering a wide range of services in one roof. With proven record of successful customer service and thousands of property transactions during the past 9 years, Elysian has become a pioneer in both residential and commercial real estate sectors.To know more email us at