Tenanted Commercial Shop for Sale in The Novelist, Inside the Largest Mall, Generating Monthly Rental Income from Day One.

Commercial Shop for Sale in The Novelist, located inside the largest commercial mall directly on Mokattam Corniche. Already leased to Espresso Lab, a well-known coffee brand, offering rental income from the start of operations and an exceptional investment opportunity.

Shop Details:

Indoor Area: 12.5 SQM.
Outdoor Area: 4 SQM.
Total Area: 16.5 SQM.
Floor: Ground Floor.
Tenant: Espresso Lab.
Existing Rental Contract with 10% Annual Rental Increase.

Price Details:

Original Price: EGP 3,043,334.
Price After 20% Discount: EGP 2,434,667.
Cash Price After 40% Discount: EGP 1,826,004.

Payment Plans:

6-Year Plan:

Down Payment 5%: EGP 121,733.
Quarterly Installment: EGP 91,300.

7-Year Plan:

Down Payment 10%: EGP 243,467.
Quarterly Installment: EGP 73,890.

8-Year Plan:

Down Payment 15%: EGP 365,200.
Quarterly Installment: EGP 60,867.

Delivery Payment:
5% of the total price, amounting to EGP 121,733, payable after 3 years upon delivery. Applicable to all payment plans.

Investment Return – 8-Year Plan:

Quarterly Rental Return at 11%: EGP 66,953.
Quarterly Installment: EGP 60,867.
Remaining Surplus: EGP 6,086 every 3 months.
10% Annual Rental Increase.