Latvia
City of Riga
Cafe in the historical center
Commercial premises in the historical center of Riga.
The area of the room is 111m2. Suitable for a snack bar, cafe, bar, restaurant.
In excellent condition.
The premises are currently not rented out.
Potential real rental income: 1000€/month ×12 months=12,000€/year
Costs:
utilities are paid by the tenant;
the owner of the premises pays a property tax of 980€/year.
Potentially: net rental income per year: 11,200€
Profitability: 8.75% per annum
Ideal for organizing your own business - the premises have a very good location.
The sale is urgent!
The price is reduced from 128,000€ to 100,000€
