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.
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.
For more details on this property, please call:
Sabele Buraik |Property Consultant
BRN: 34256
Elysian Real Estate Broker LLC
Boulevard Plaza Tower 1, Suite 1602 - Downtown
P.O Box 114703, Dubai, UAE.
t:+971 (0) 4 323 4545
f:+971 (0) 4 341 7781
w:www.elysianrealestate.com
Dubai | Abu Dhabi | Brazil | UK
Company Profile
Elysian is one of the top real estate agencies in Dubai has local and international branches that offers a wide range of property choices and investments locally and internationally. Elysian has a proven record of successful customer service and thousands of property transactions throughout the past 8 years, elysian offers a wide range of services under one roof: buying, selling, renting, property maintenance, interior design, currency exchange etc. elysian also have over 65 qualified property consultants with a huge portfolio of high end properties in prime locations varying from luxury apartments, villas, penthouses and duplexes. Elysian also have a dedicated commercial team that offers commercial properties all over Dubai and assist in obtaining any type of commercial licenses from different authorities. To know more call us at +9714-3234545 or email us at