AED2,827,680
1 Property Views
Calling All Food, Retail and Coffee Shop Operators
Pacific | Al Marjan Island | Ras Al Khaimah
1400 sqft Baths
Property Details
- Reference no.sp--11372861
- Bedrooms
- TypeRetail
- PurposeCommercial For Sale
- Bathrooms
- Area1400 sqft
Description
Marjan Island - Retail, F&B & Service Provider Opportunity
Summary:
- 100% Freehold
- Sea Views
- Outdoor Seating
- Direct Beach Access
- Alcohol License Granted
Marjan Island - recently named "Monaco of the UAE” – and rightly so - is the number one real estate and commercial project in the UAE, and globally investors continue to put their capital into the future of the island.
Developments have broken ground and various projects such as the Wynn gaming resort and other spectacular hotels are driving investment and tourism.
Pacific is an established development with a thriving community. With over 1400 apartments and an average occupancy of 2,500 residents plus150-200 short stay guests.
The most attractive point to consider in the feasibility of these units is that the two developments currently being built on either side of Pacific have only one restaurant and no retail units between them. When you combine this with the existing population of Pacific, you are looking at exposure to over 5,000 prospective clients on your door stop, not to mention the amazing delivery potential on the island and in other local communities such as Al Hamra and Mina Al Arab.
Pacific urgently requires a second supermarket/grocery store to capture the existing and future market - a brand coffee shop as the nearest location is 2km away - branded restaurants to offer the guest a variety of dining experiences.
Please contact me directly for a more detailed feasibility summary.
These units are for sale, we think this presents the best investment opportunity, however, a rental arrangement on a minimum five-year basis could be considered with a sensible offer.
© This listing is provided by Seven X Consulting, appointed agent of the owner, written and visual content is protected by UAE copyright law.
Amenities
- Central AC
- Shared Pool
- View Of Water
- Security