We offer for sale an exclusive building - an entertainment center in the center of Riga called Vernissage.
This is one of the largest multifunctional facilities, offering various opportunities for recreation and entertainment for every taste. This name has long been associated with expensive restaurants and a quality range of services in the leisure and entertainment industry. The most advantageous place for the restaurant business is difficult to imagine: a large passability of people and intensive traffic, rich nightlife, rich history and long-term reputation provide high popularity of this object. The building was built in 1836, completed in 1999 and reconstructed in 2013. It is not an architectural monument, which implies the necessary coordination of the UNSECO zone for the renovation and changes of the facade and the preservation of special design elements.
Vernissage consists of 5 sections:
Operating Whitehouse Restaurant - one of the best restaurants in Riga (occupied area of 1236 m2: 1 floor - kitchen, restaurant, second floor - terrace banquet hall);
Rooms for a nightclub on the ground floor (631 m2), on the second floor - a cigar club (managed by the owner) and renovated rooms for a restaurant;
Restaurant (ground floor - 833 m2) plus offices on the second floor occupied by the owner;
Cafe and glass terrace on the first floor
-1 and 1 floors - nightclub (area 2021 m2)
The investment program has been implemented so far during the last 4 years, capital repairs and improvement have been completed; water supply, sewerage and heating systems have been improved and reconstructed, facade parts and waterproofing of the building have been repaired to prevent moisture accumulation in the basement, and the roof has been repaired.
The most ambitious project for the construction of an upscale restaurant hall with an exclusive cigar room equipped with a modern humidor with air conditioning system was successfully carried out. Exclusive lighting, high-end sound and kitchen equipment were installed, making the room fully equipped for rent.
The glass terrace has been completely redesigned - the entire structure is completely replaced and improved.
Earth:
4,689 m2 (3,663 m2) in the property
3,467 m2 rented by the Housing and Environment Department of Riga.
Vernissage is an exclusive facility with a working business, a possible yield of 7% and a huge development potential!
