Food Grade Warehouse

Page 1

FOR RENT/POTENTIAL SALE

FOOD GRADE WAREHOUSE Dubai Industrial City (DIC), Dubai, UAE

Plot size extending to: 18,599 sq m (200,203 sq ft) Built up area extending to: 9,587 sq m (103,190 sq ft) Eaves height of approximately 9 meters Temperature-controlled facility 11 loading bays Electrical load connected: 1,500 kW


LOCATION The subject Property is located in Dubai Industrial City (DIC) which is a mixed used master planned development comprising of residential, industrial and labour accommodation. DIC is located immediately to the south-east of Sheikh Mohammed Bin Zayed Road (E311) with Jebel Ali Free Zone being located approximately 20 kilometres north. DIC is connected to two major highways, to the north Sheikh Mohammed Bin Zayed Road (E311) which runs parallel to the west and Emirates Road (E611) which runs to the east. Al Maktoum International Airport, Jebel Ali Port and Expo 2020 Dubai site are all located within approximately 15-20 kilometres by road from DIC.

DUBAI, UNITED ARAB EMIRATES

Palm Jumeirah Jumeirah Downtown Dubai Dubai Marina

Dubai International Airport Al Quoz Ras Al Khor

Jebel Ali Industrial

National Industrial Park

Dubai Production City

JAFZA

Dubai Investment Park Subject Property Al Maktoum International Airport Dubai Industrial City


PROPERTY DESCRIPTION

ACCOMMODATION

The property is a purpose-built food grade distribution warehouse. It has been developed to provide nine temperature-controlled chambers, four cold and nine chilled rooms, one industrial kitchen and open plan offices.

The plot extends to approximately 18,599 sq m (200,203 sq ft). According to the floor plans, the built-up area is approximately 9,587 sq m (103,190 sq ft) comprising of:

The warehouse is of steel portal frame construction with concrete blockwork to 4.45 metres and insulated profile aluminium sheeting to roof level. The property benefits from 11 loading bays, out of which two have dock loading. All bays benefit from automatic (Assa Abloy) doors. The office component is located to the front of the property and is situated over the ground and mezzanine levels. The office benefits from a reception area, meeting rooms, glass partitioned cubicles, open plan office areas and a pantry. The interior specification includes: wooden and tiled flooring, painted walls, suspended ceiling with recessed lighting and air conditioning throughout. The wider plot is surfaced with interlock brick paving and is entered via one access gate.

Description

Floor area (sq m)

Floor area (sq ft)

Warehouse

7,457

80,265

Cold and Chilled rooms

353

3,799

Industrial Kitchen

414

4,456

Office

900

9,687

Service Areas

463

4,983

Total

9,587

103,190

The property benefits from the following: Steel portal frame construction Eaves height of approximately 9 m Sprinkler system throughout Ample open yard storage space Electrical load connected: 1,500 kW

TRANSACTION FEES AND SUB-LEASE FEES SALES TERMS The vendor is inviting offers in the region of AED 27,000,000 for the benefit of their leasehold interest, along with all buildings, fixtures and other plot improvements.

LEASE TERMS The vendor is also open to sub-leasing and seeking to lease the entire premises for AED 2,800,000 p.a. which represents a low rental rate of only AED 27 per sq ft. The owner is ideally seeking a minimum lease term of 5 years on a full repairing and insuring basis, but is open to offers.

The tenant will be responsible for all transaction fees and authority sub-lease charges.

VAT All prices quoted are exclusive of VAT which shall be chargeable at the prevailing rate and paid for by the Tenant/Purchaser.

DATE OF ENTRY The property currently vacant and is available for immediate occupation.


FURTHER INFORMATION AND VIEWINGS Strictly by prior arrangement with the exclusive selling agent.

Maxim Talmatchi Industrial Agent Investment and Commercial Agency T: 971 50 482 7934 E: maxim.talmatchi@cavendishmaxwell.com RERA BRN: 33414

DUBAI

ABU DHABI

SHARJAH

MUSCAT

2205 Marina Plaza Dubai Marina P.O. Box 118624 Dubai United Arab Emirates T: +971 4 453 9525

605 West Tower, Abu Dhabi Mall Tourist Club Area P.O. Box 126609 Abu Dhabi United Arab Emirates T: +971 2 448 4677

1801 Sarh Al Emarat Tower Buhaira Corniche Street P.O. Box 38583 Sharjah United Arab Emirates T: +971 6 715 0444

Villa 836, Way 3012 Al Sarooj P.O. Box 3438 Muscat Sultanate of Oman T: +968 24 694 150

These particulars should not be construed as a RICS Red Book valuation or an offer for sale/lease. In accordance with the law, all offers will be subject to contract and/or a legally executable Sales and Purchase Agreement. Although a high standard of care has been taken in the preparation of the information, analysis, views and projections presented, it remains solely the responsibility of the purchaser or incoming lessee to verify independently all information provided in these particulars prior to entering into a legal contract. No legal responsibility can be accepted by Cavendish Maxwell or its employees for any loss or damage resultant from the contents of these particulars or statements made. RERA Broker Number: 29362 RERA ORN: 11812


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