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 of 65 sq. M. m. A premise for sale on the first floor + dry cellar 65 sq. m. m with high ceilings. There is an approved project to increase the first floor by 25 square meters. m in 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: 130 sqm.

Net income from letting: the tenant pays only for the first floor of 65 sq. m х 15 euro = 975 euro + 21% VAT = 1179. 75 euro / month (14,157 euro / year). Profitability: 8. 3%