Restaurant and cafe 70 meters distinctive view ground floor with a mandatory lease contract of up to 20 years after receipt next to two schools

Name: Restaurant and cafe 70 meters distinctive view ground floor with a mandatory lease contract of up to 20 years after receipt next to two schools
SKU: 501030621

MU23, New Capital City

1 month ago

Highlights

TypeRestaurant & Cafe

Area (m²)90

Details

Payment OptionCash or Installment

Amenities

Covered ParkingSecurity

Description

Restaurant and cafe 70 meters distinctive view ground floor with a mandatory lease contract of up to 20 years after receipt next to two schools 15% down payment will be 1,950,000 After receipt: mandatory lease starts for 15 years First year rent at the lowest rental rate of 20% will be 2,600,000 Annual installment after receipt will be 1,578,000 (deducted from annual rent) First year net profit after deducting the installment will be 1,294,000 Second year annual increase in rent 10% meaning second year rent will be 1,554,000 Annual installment will be deducted Meaning net profit for the second year 1,554,000 For more details and inquiries, contact (View phone number)

Location

Egypt