Details of Property: Location: Industrial Free Zone, Ras Al Khaima, United Arab Emirates Year of Incorporation: 2010 Lease Agreement: 99 Years Total Cost for setting up Facilities: 33 Million AED Operational till: 2020 Legal Issues: Nil Liabilities: 3 Million AED (Bank) Price: 25 Million AED (Negotiable) Reason for Selling: To settle debts (3 Million AED) and execute 2 mega electromechanical projects in UAE Total Area: 210, 000 Sq. Ft. Boundary: Full MS Factory: Shed 15000 sq. Ft SS Factory: Shed 6000 sq. Ft. AC Duct Factory: Shed 9000 sq. Ft Additional Shed: 9000 sq. Ft Blasting & Painting Facility: 4000 sq. Ft Office Building: Ground Floor - 1000 sq. Ft Proposal Dated: 03-09-2024 Page 1 of 4 Staff Accommodation: 1000 sq. Ft Workers Accommodation: for 100 people G+1 Available in the facilities: Heavy fabrication factory with an overhead crane (its not a normal warehouse) Proposal Dated: 03-09-2024 Brief about the company: The RAK Free Zone has provided a dune mountain without any land development and the company has newly constructed the entire facilities as shown in the pictures. The company has a legacy of 14 years of successful business operations in UAE to offer and the clients are including Road Transport Authority (RTA) Dubai, Dept. of Transport, Abu Dhabi etc. and, various ministries and reputed private entities in the UAE. The companys turnover has been crossed 3 Billion AED in the year 2020. Few major projects completed in UAE: Dubai Metro Stations G+7 automatic car parking at IBN Batuta Mall Air Conditioned Bus Shelters in 750 locations in UAE Crusher Plant in Ras Al Khaima Key advantages for the Buyer: 99 years of lease contract (The client will arrange a new 99 years agreement) There is no 4% customs duty restrictions for in entry and exit of products Eligible to have minimum 4 licenses with the same premises based on the business activities The property is eligible for availing loan from banks Interested? I am glad to assist you: Houceme Bendriss +971 54 300 1762 (call & WhatsApp)
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