Savills | Showroom and Labor rooms with 10% income in Sharjah, Sharjah Industrial Area, Sharjah | Properties for sale
49,764 sq ft(4,623.22 sq m)
Guide price 25,000,000 AED(£5,391,675)

Showroom and Labor rooms with 10% income in SharjahSharjah Industrial Area, Sharjah

    Showroom and Labor rooms with 10% income in Sharjah

    About this property

    • 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%

      Call Maqsoud for viewings 0563690788 / 065723794

      Company name: SAVILLS Middle East

      Address: 2702-C Al Marzouqi Towers, King Faisal Street, Sharjah, UAE P.O.Box 3616

      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.