There is a commercial premise in the historical center in the historical center of Riga.
The floor area is 111 sq. m. Suitable for a snack bar, cafe, bar, restaurant. In great condition. The premise is not currently rented.
Potential real rental income: 1000 € / month 12 months = 12,000 € / year.
Costs: utility payments are paid by the tenant; the owner of the property pays a property tax of 980 € / year.
Potentially: net rental income per year: € 11,200.
Profitability: 8. 75% per annum.
Ideally for organizing your own business - the premises have a very good location. Sale urgent! The price is reduced!
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