Hotel or B&B For Sale in Vilnius, Lithuania

Overall Floor Area: 364.41 Sq. Metres (3,921 Sq. Feet)
New Commercial Offer, Vilnius

Location

Newly renovated rented restaurant premises for sale in Vilnius. The premises is located in Odminiu str. 3 in the Old Town near Odminiu and Gedimino avenue crossing. Located nearby are the central cathedral and square, the city park and various hotels.

Details

Common Space/ Rented Space: 364,41m2

Floor: 1

Rented Space: 364,41m2

Number of Tenants: 2

Monthly Income: 29,954.40 Lt or approx. 8657 Euro.

Rental Term: 10 years from 2005

Approx Annual Rental Yield: 5.79%

Asking Price: 6,200,000 Lt or 1,791,907 Euro.

Please note this price does NOT include commission. All prices in Lithuania must be displayed without commission by law. This ensures transparency and protects the buyer. Expect to pay up to 6% as a foreign investor.

Calculations based on the following approx exchange rate:
1 Euro = 3.46 Lithuanian Litai.

Currency Rates subject to change.



Contact Details:
Email: Reply to this ad by email

Phone: (00353) 061.468088
Contact Name: Michael Hassett
Phone Between Hours: 9-6
Daft Property Shortcode: www.daft.ie/7103986