High Returns from a Commercial complex in Sharjah
Industrial Area 4, Sharjah Furniture Complex, Al Wadha Road, Next to Al Futtaim Motors Showroom.
- Plot 49,764 sqft (4623.2 sqm)
- BUA 62,677 sqft
- Freehold for UAE/Arab Nationals
- Showroom along with Accommodation for 52 Rooms
- 7 Years old
- The total area of Showroom (Ground + Mezzanine) is 44,93 sqft.
- Split AC with Glazed showroom front
- Labor houses are 45 plus T&B rooms, a laundry room, dining room and a kitchen. 17,754 sqft BUA
- Currently, the property is used as a showroom and the Staff accommodation.
- Assured rental income of 10% p.a.
- A lease contract for 5 years with an annual rent of AED 2.5 million.
- Good road network systems linking the subject site to the Mohamed Bin Zayed Rd.(E311) via King Abdullah Aziz street.
- Considered to be good security in terms of marketability and saleability
- High demand for showrooms and labor rooms around and industrial area 4
Selling for AED 25,000,000
Rental Yield: 10%
For Inquiries and Viewing, call our Sales Department on +971 563690788 / 06 5723794Office Location:
2702-C Marzouqi Towers, King Faisal Street, Qasimia, Sharjah, UAE
Cluttons is an international real estate services company with almost 40 years experience in the UAE. Cluttons operates in both the residential and commercial property markets with services including residential sales and lettings, commercial leasing and investment, consultancy, property management and valuation. Whether managing a large portfolio for a corporate client, or helping a family find the perfect home, we make it easy.