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    Home » Opportunity to establish outlets in Hulhumale’ Container Park

    Opportunity to establish outlets in Hulhumale’ Container Park

    Urbanco announces bid opportunity for commercial spaces from Hulhumale' Container Park
    May 22, 20231 Min Read
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    Urbanco announces availability of two premium commercial spaces for rent at Hulhumale’ container park.

    The spaces will provide entrepreneurs and businesses seeking locations for the cafe’ and fast food ventures an ideal opportunity to start their businesses.

    The ground floor of the park, a total of 1,188 square-feet container will be allocated for a fast food outlet and the cafe’ will occupy a 1,165-square-foot container. The properties will be made available for a five-year period.

    Urbanco announced an initial rent of MVR15 per acre for the first year, with subsequent years priced at MVR25 per acre for the remaining four years.

    Interested parties looking to operate cafes and fast food outlets must submit a bid security payment of MVR5,000 along with their proposals. The deadline for proposal submission is 28th May 2023. The bid proposal opening is scheduled on the same day from 13:00hrs to 14:00hrs at the Urbanco Exhibition Center.

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