Prime Restaurant Investment Opportunity

Exclusive Restaurant Property in JLT

Discover an exceptional investment opportunity with this fully fitted and furnished restaurant located in the heart of Jumeirah Lake Towers (JLT). Currently leased to the renowned Status KVO Shisha Lounge, this property boasts a robust yearly rent of AED 320,000, offering a solid 6.7% net return on investment.

Spanning an impressive 2,003 sq ft of internal space, the restaurant features a private terrace of 2,686 sq ft, providing stunning full lake views. The new owner or tenant can expand the total area to 4,690 sq ft by building a glasshouse, unlocking limitless potential for growth and creativity.

The property is well-maintained, with a ceiling height of 7.5 meters and a power load of 100 KW, ensuring ample space and resources for various culinary ventures. Additionally, both private and common restrooms are available, along with gym access for employees.

Looking ahead, the upcoming 5-star hotel in the same cluster is set to enhance the property’s value significantly. This development will enable the restaurant to qualify for an alcohol license, further boosting its appeal and profitability.

With yearly service charges of AED 27,000 paid quarterly, this property is not just a restaurant; it’s a golden opportunity waiting to be seized. Don't miss out on this hidden gem with endless possibilities!