Commercial premises for sale in the center of Riga on Tērbatas

Commercial premises for sale in the center of Riga on Tērbatas Street, with development potential in the coming years with the commissioning of the new Tērbatas dārzs project and the increase in the number of residents in the area.
The premises currently have a restaurant, the rental yield is 7.7% per year.

The restaurant premises have a functional layout with a guest area, bar area, kitchen, warehouse and office space.
Technologies in the premises:
Electricity capacity 32 kw
Ventilation in the guest hall and kitchen
City sewerage
Riga water

Riga restaurants face seasonality, as the number of guests is higher in the summer period. The restaurant layout is optimal for the customer demand of this location both in winter and summer, as it is possible to create about 60 seats indoors and up to 80 seats are additionally possible on the summer terrace from April to the end of October
2 guest toilets have been installed in the guest area of ​​the restaurant, there is a separate bar area and counter.
The kitchen and utility rooms have enhanced ventilation, there is ventilation in the guest area, and small office spaces.
Particularly effective from the restaurant business point of view is the entrance, which is clearly visible from the intersection of streets, which provides better visibility and access to the restaurant. There is also a second entrance separately to the utility rooms, which meets all sanitary, fire safety, and evacuation requirements.

The building is located near the central Brīvibas and Krišjāņa Barona streets, where you can quickly and easily get to any place in the city. Within walking distance are Ziedoņdārzs, Tallinas Street Quarter, and Vidzeme Market. Parking spaces are allowed along the entire length of the street next to the building, where you can always find a place for a car.
A good investment in real estate for your successful restaurant business!