Commercial/Retail Store in Syria Street…Lowest price in area and still negotiable!! Description below in bullet points: • Address: 44 Syria Street (Cairo) • Financial and Business street with Banks, Shops, Companies, and Restaurants, Perfect for a business environment • Parking in building available, and not a problem on street, as store is past the Shehab intersection where space is vacant • 800 Meters 2, Frontal Window Width 7 Meters • 2 Floors: Ground and Mezzanine • Retail Licensing Included (5 Million LE Cost) along with tourism licensing for a restaurant • Rented monthly (So investor has a guaranteed return on investment and income until 2021!!) • Price Per Meter2 in area is 30,000 LE (Reduced to 27,500 LE) • Only 2 stores for sale in all of Syria Street, other one going for over 30 Million LE • Selling price decreased • Lowest price in area, with a reduction of 2,500 LE per Meter2 • 10% increase on rent every year, with next term on January 2015 • Rented until 2021, buyer has a guarantee of income or payback on investment • Buying without renter an available option • ROI could be increased to 7.5% per year, as store price could be renegotiated on new terms after sale, to increase of 120,000 LE per month(stores of similar area range from 80-120,000 LE per month) FULL LICENSING FOR ANY SECTOR BANKS SHOPS CAFES ANYTHING!!! PM for more INFO
Posted on: Sun, 31 Aug 2014 11:36:13 +0000
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