Latvia
Riga
Car service in a garage cooperative
Car service in a garage cooperative on the outskirts of Riga.
One of the largest auto parts stores is located opposite the car service center.
The area of the premises is 248.9 m2:
1st floor 201 m2, 2nd floor - 47.9 m2. The ceiling height in the boxes is 5.2 m
Land area: 300 m2 , of which 235m2 is owned and 65m2 is leased from the state (the road in front of the car service)
, 20 garages are owned, everything is listed in the land register
The owner handed over the car service to the tenant.
The rent is 4000€ per month + VAT and utilities .
Nearby adjacent land is leased from the state, it is possible to build a self-service car wash on it.
The tenant's income is 25,000€ per month
The service is promoted, there are always a lot of customers.
The equipment is owned by the owner of the car service. There is a large customer base.
Rental income per year: 48,000€ (8% per annum)
Price: 600,000€
