Turkish restaurant in the center of Riga    

Commercial premises, rented for a long term (5 years with the right extension) for a Turkish restaurant.

The location is excellent: the central busy street of Riga.

The restaurant occupies the first floor - 65 m2. 

For sale is a premise on the first floor + a dry cellar of 65m2 with high ceilings.

There is an approved project to increase the first floor by 25 m2 to the yard.

Large courtyard with parking.

A separate entrance to the basement is possible from the courtyard side.

Parking is possible along the street.

Total area: 130m2.

Net income from letting: the tenant pays only for the first floor 65m2 x 15 € = 975 € + 21% VAT = 1179,75 € / month (14,157 € / year).   

Profitability: 8. 3% per annum.