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Other commercial property in Latvia, Riga, 154 sq.m. For Sale

Riga, Latvia
198 000 €
1 290 € / sq.m.
Other commercial property in Latvia, Riga, 154 sq.m.
  • Area: 154 sq.m.
  • Storey: 1

Description

Cafe near to the park

Cafe next to the park Commercial premise in a new building near the park. It is rented for a long time under a cafe.

All communications are new.

The area of the room is 154m2.

Two levels: 1st floor - hall for customers and kitchen, 2nd floor - auxiliary rooms.    The price includes 2 places in the underground parking.

Income from renting: 950 € per month + 12 months. = 11,400 € per year. All expenses, except for the land tax of 1600 € per year, are paid by the tenant. Net income from letting: 9 800 € per year. Profitability: 5%.

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Details

  • Construction phase: Resale

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