Commercial Building For Sale in Al Forosya Scheme, North Jeddah

Advertiser Designation: Agent
Commercial Building For Sale in Al Forosya Scheme, North Jeddah
Shopping center
Al Forosya Scheme with plot number 510
Facades: Northern Street 52M with a direct view of Al Forosya Club
Eastern 15M Street with an area not exceeding 9M only and directly overlooking the garden
Close to the municipality of Tiba and Farah Hall 2
The area of the deed is 964 SQM, and in nature, it exceeds 1000 SQM
Consists of 8 slots 5M* 15M each slot area
And 10 hotel rooms, each room with complete independence
Now rented 4 supermarkets
The rooms are fully rented
And rent a car exchange Bank Albilad
The place of two floors and the rest of the license is a floor and an annex
Leased to an investor for 15 years, with a contract of approximately 700 thousand SAR, the remaining amount of 510 thousand SAR
Payment by check at the beginning of each Gregorian year according to the agreement in the value of each year from the total value of the total contract
The duration of the contract is 3 years, and the remaining 12 years, starting from 1/1/2022 until 1/1/2034, and the site will be delivered with all its contents.
Construction is armed
Price: 3 million SAR, Net
The investor’s contract is required to continue as it is until the end of its period after 12 years from now to 1/1/2034
note
The investor expressed his desire to terminate the contract if the customer wanted to take 1 million and 200 thousand SAR, other than the value of the net 3 million SAR
The buyer shall deliver the building in its condition or continue until the end of his contract after 12 years from now