Company With Industrial Storage Properties - Kuwait

For Sale – Company with Industrial Storage Properties

A company is available for sale, holding 4 industrial land plots in Mina Abdullah under the Public Authority for Industry (PAI).

Business activity: Storage/Warehousing.

Properties included:
    •    Two plots in Mina Abdullah, Block 17, with a combined area of 13,000 m²:
    •    6,000 m²
    •    7,000 m², including a shaded storage structure (canopy/shed).
    •    (The two plots are separated by another plot. )
    •    One additional plot of 4,700 m².
    •    One plot in Mina Abdullah, Block 1, measuring 1,860 m², with a shaded structure, and currently leased.

Current rental income: KD 20,000 per month (all plots are currently leased).

Asking price: KD 5,000,000.

Major advantage: The approximately KD 800,000 Public Authority for Industry (PAI) transfer fee has already been paid/taken care of, meaning the new owner will not have to incur this cost, representing a substantial saving.