Commercial premises for sale with a stable cash flow and an annual yield of 8%
The premises are situated right in the centre of Riga, at 56 Ģertrūdes Street
Total area: ground floor 50.7 m², basement 85.3 m²
Long-term tenant: a children’s goods shop that has been operating successfully in the market since 2008
Has signed a 3-year tenancy agreement, paying 825 euros per month
The following renovation and refurbishment works have been carried out on the building:
The building’s façade has been renovated, the roof has been refurbished and the loft has been insulated
The building’s service installations have been completely replaced; new electricity supply lines, water supply, drainage, ventilation and heating risers have been installed
The courtyard has been landscaped – the area has been planted with greenery, relaxation areas with tables and benches have been created, and tasteful lighting has been installed on the façade and in the courtyard
It is also possible to purchase a parking space in a secure, fenced-off courtyard
