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Retail premises with working shop for sale in the centre of Riga on Lacplesa street…

530,000 €
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Total area: 240 m²
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Features
  • 6-floor building
  • 1 floor

Commercial property with total area of 240 sq. m. located in the centre of Riga on Lacplesa street is offered for sale. 1st floor area is 196 sq. m. Basement floor area is 45.9 sq. m. Current use: Premises are fully rented out to the wine store (over than 10 years); Key annual financials: expected NOI is about 30,300 EUR per annum (2525 EUR + VAT + communal payments per month); Expected yield: about 6% — 6,5%.

There all city communications: security alarm system, central heating, internet access.

The main advantages are:

- Entrance from the street;

- Large panoramic windows;

- Quality repair;

- All necessary appliances.

We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 4.8% annually
    • Construction site audits
    • Management company services