OVERVIEW

A warehouse store with a tenant is for sale in Čiekurkalns (former Nelss store). Shop area 1000 sq.m. (of which 200 sq.m. - office, 200 sq.m. - trading floor., 600 sq.m. - warehouse). Rent 4000 euros per month. + VAT + utilities.

Land for rent (700 euros per month). Rental costs are compensated by a paid parking lot (income 200 euros per month), which is located on the rented land, in addition to the warehouse.

The lessee is a company that sells motor oils from the USA on the Latvian market. The owner of the building has invested about 100,000 euros in the renovation. The tenant has been working in the Latvian market for 20 years.

The favorable location and the presence of a permanent tenant make this object more attractive to potential buyers. Pros: intersection of many roads, a bridge connecting several districts, proximity to the center of Riga and an intense flow of traffic and people.

Store-warehouse in Čiekurkalns between Mezaparks and the center of Riga, by the bridge.

Excellent infrastructure, near new bridge connections, good transport links.

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