A great opportunity to acquire an existing restaurant in Al Nakhil, located directly on Ajman Corniche, in a vibrant and highly visible location suitable for food and restaurant activities. The asking price is AED 140,000 for the business and shop handover. The property has an existing rental contract under the shop’s name, with an annual rent of AED 60,000 payable in 4 or 6 installments, plus a refundable cash security deposit of AED 10,000. The location is suitable for investors or business owners looking to establish or continue a restaurant activity in a popular and active area of Ajman. The restaurant also has an existing bank account, which can be transferred to the name of the new tenant subject to the bank’s applicable procedures and requirements. The current restaurant license has approximately 3 months remaining before expiry, and the buyer is advised to verify the renewal and business transfer procedures before completing the transaction. The rental contract is registered under the shop’s name, providing a clear rental arrangement for the incoming tenant. The property offers a suitable opportunity for someone looking for a restaurant location on Ajman Corniche with an existing rental agreement and established business setup. Asking price for the handover is AED 140,000. Annual rent: AED 60,000, payable in 4 or 6 installments. Security deposit: AED 10,000 cash. Restaurant bank account available and subject to transfer procedures. Current license has approximately 3 months remaining.

Property details

Restaurant for Sale in Al Nakhil Ajman Corniche

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Location

About Corniche Tower

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