State-Of-The-Art Modern Storage Facility in UAE

This listing presents a state-of-the-art modern storage facility located in the United Arab Emirates, operational since April 2020. The facility boasts direct pipeline connections to both the Main Harbour and the Inner Harbour, ensuring efficient logistics. It sits on a substantial land plot of 11,250 m2, with the land itself being long-leased. The asset holding company is wholly owned by a single shareholder with no debt. The storage capacity is impressive, totaling 75,600 metric tons across 16 tanks of various sizes, and it features a modern fire extinguisher room from Clarke, USA. The port's deep berth allows for the safe mooring of larger vessels. The business operates with a single, major client, X-Vitol, who has rented 100% of the capacity for stocking diesel, a testament to its strategic importance and reliability. The market served consists of up to 10 main product importers. The sale involves an uncomplicated transfer of the asset holding company. Potential buyers will be required to provide proof of funds (POF) to access further information and enter negotiations.