- Central District Mixed-use building 3,400,000 €
- Basic parameters
- Photo
№ 2,154,094
High ROI investment property for sale in Riga centre
3,400,000 €
5,000 € /m²
- Total area 680 m²
- Yield —
- Lease term —
- Constructed —
Key project parameters
- Total area
- 680 m²
Project description
We offer for sale premises for a restaurant in the most central location in Riga, in the entertainment and leisure complex. This famous name has long been associated with modern nightclubs, luxury restaurants, and a high-quality range of services in the field of leisure and entertainment industry. It is hard to imagine the most profitable place for the restaurant business: a large cross of people and intense traffic, a rich nightlife, a rich history, and many years of reputation provide this object with great popularity.
Perfect location: near Old Riga (3 minutes walk), the Radisson Blu Latvia hotel, excellent infrastructure, and a respectable place. The building is located at the intersection of Terbatas and Brivibas streets, near Vermansky Park.
The premises with a total area of 680 m² is located on the 1st floor.
Premises are with a new high-quality repair, professional equipment, and light and sound systems. There is the nightclub as a tenant.
The premises are also offered as cash-flow objects with 6.5% ROI
Extra information
Balcony or terrace
Tenants
- Agreement
- n/a
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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