For SaleAvailable

Shop for sale in Avenue Mall, Al Rehab | 36 m² | Leased to a jewellery business at EGP 26,600 per month | Fountain view

Al Rehab · Avenue Mall · Commercial Unit

Area
36 m²
Floor
Second
Property type
Commercial Unit
Transaction Type
For Sale
Area
36 m²
Floor
Second
Location
Al Rehab · Avenue Mall
Property code
RH-COM-S-005979
Furnishing
Furnished
Payment Method
Cash
01

Property Description

Excellent investment opportunity to own a shop for sale in Al Rehab Avenue Mall, with an area of 36 square meters, in a privileged location in the outdoor section on the Second floor, with direct views of the fountain and two front and rear facades.

The shop is currently leased to a gold and jewellery business, providing an existing rental income, with a contractual annual increase of 10%.

Details of the store:
- Area: 36 m2.
- Location: Avenue Mall - Al Rehab City.
- Floor: Second floor, outdoor section.
- Direct view of the fountain.
- Front and rear facades.
- Excellent finish.
- Current activity: gold and jewellery.
- The shop is currently rented.

Rental income:
- Current monthly rent: EGP 26,600.
Total current annual rent: EGP 319,200.
- Annual contractual increase: 10 per cent.
- Payment by monthly cheques.
- Lease contract through Talaat Moustafa Company.
- Remaining term of contract: less than 3 years.

Investment advantages:

The shop combines its location within Avenue Mall with a view of the fountain and front and rear facades, as well as the presence of a current tenant and existing business.

The lease also provides a periodic income with an annual increase, making it a suitable option for investors looking for a tenanted commercial unit within Al Rehab city.

Selling price: EGP 5,800,000.

Contact us for details of the lease and return on investment, or to arrange a viewing.

Additional Information

Features and Amenities

Air Conditioning
Available
Security
Available
03

Location

Al Rehab · Avenue Mall

Open Area in Google Maps ↗

General area location, not the address of the property.

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