I am looking for business partner who can invest

1 year ago Manama, Bahrain Ad Views:933 Ad ID: 1158

Additional Details

  • Ad ID1158
  • Posted On1 year ago
  • Ad Views933

Description

A deluxe fully furnished building is in search of a business tie up to run part of the building.

Building consisting 65 deluxe apartments, 4 level parking and top floors for recreation and swimming pool.

Break up of 65 flats:

1 BR 25 Nos

2 BR 24 Nos

3 BR 16 Nos

Out of the above 65 flats a business tie up is required for sublease of 1 bedroom (25) and 2 bedroom (24) means a total of 49 fully furnished deluxe apartment.

Along with the above said, the reception area (full) and the Stores area with top floors (2) for recreation and swimming pool would be sub-leased in all.

All apartments are/would be furnished to the highest standard with little expense spared

Average areas of all the apartments are incomparable to anything else in the area – definitely another unique selling point that can confidently say puts us above the rest of the Juffair Buildings

Total number of parking from floor 1 – floor 4 is 99 Nos (but very spacious – above standard dimensions, can be reduced to increase number if necessary)

Top floors (2) are allotted for Gym & Services (proposals in hand, but equipment not purchased yet and will be by Management Company). It includes two swimming pools (Adult & Kids) as well as large pool deck to be used multi-purposely. Can have restaurant facilities with large area seating available both indoors and outdoors on 2nd large sun/pool deck.

The intended business tie up to run the part of building is for sub lease of BD 22000 for Reception area, Stores, all 1 and 2 bedroom with top floors (2).

Location

1158