Well-known restaurant - lucrative investment
Total area 178.8 m²
Sanitary arrangements: shower, ventilation, urban water
Additional information: balcony 10 m², street entrance, separate entryway, furnishing possibility, electricity, terrace, parking not free parking, trestle
Neighbourhood: surrounding buildings apartment buildings, location in the center location, roads in good condition roads
We offer a rented out commercial space for sale, where is operating a restaurant known for its delicious Thai dishes.
THE PROPERTY
The restaurant premises consist of a spacious dining hall (approximately 90 m2); a comfortable kitchen (approximately 65 m2) and other rooms, such as a dish washing room, lavatory and others. The hall is spacious and can accommodate up to 40 seats. In addition, the restaurant has a basement for exclusive use, which can only be accessed through the property, but the basement is not included in the general square meters.
TERRACE
Immediately in front of the entrance, a larger trestle-like area has been built, which can be effectively used as a terrace in the summer. The territory to the left of the entrance is also allowed to be used as a terrace. These two areas allow the restaurant to add approximately 26 seats in the summer.
THE BUILDING
The house at Tartu mnt 32 is registered as a cultural monument and is part of a comprehensive residential quarter built for the workers of the factory "Dvigatel", which is a typical example of the implementation of the all-Union design practices of the first decade after the war in Estonia.
It is a brick building with thick walls built during the "Stalin" period.
TECHNICAL INDICATORS
This commercial space has average utility costs, which largely depend on the workload of the restaurant. District heating provides heat, and it is also possible to use gas for general purposes.
TENANT
The premises are rented out to a Thai restaurant that has been operating for over 10 years, which is known for its authentic Thai food.
The tenant is very decent and financially stable. This is a very good offer for an investor, with an annual yield of over 8.5%.
PARKING
The tenant is guaranteed to use 1 secure parking space in the yard of the building. Customers can park on the street according to the city's regulations. One can also park for 1 hour free of charge in front of the Central Market.
I would be happy to introduce this property to You in person!
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