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Spacious Well Maintained Bakery - Hotel For Sale

Kolbergis, Aluksnes
Asking Price:
$182,000 (USD)
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

A unique opportunity to purchase a spacious, well-maintained property located in north-eastern part of Latvia. Ideal for living and development of a small/ family business. The property consists of two separate units within one building and has two independent entrances. One part of the building (one storey) is especially suitable for running a small bakery and a restaurant, cafe or pizzeria. It has fully equipped baker’s kitchen with traditional Latvian wood stove, pizza oven, electrical oven and other kitchen equipment, well equipped bar, 2 toilets – one for customers and one for staff, as well as a cosy dining room. The other part of the property (two storeys) can be used as a guesthouse and/ or an apartment for private living. It has 5 bedrooms, reception hall - perfect for small banquets, small kitchen, 2 terraces, 2 separate bathrooms. This property can be obtained together with a well-established business – bakery of traditional Latvian bread and café/ pizzeria. Business has a high reputation in the area and offers a plenty of possibilities for the new owner to potentially expand the business further. Property description and features Building area: 388, 5 m², including business area 109, 9 m² and living/ guest house area 278, 6 m²; Land: 0, 24 ha; Barn: 72 m²; Cellar: 12 m²; Location: Kolbergis, Aluksne municipality, Latvia; Situated 5 km from Aluksne - a picturesque town in north-eastern part of Latvia with a rich historical and cultural heritage; 200 m/ 5 min walking distance from Lake Aluksne – popular tourist destination and one of the most attractive fishing locations in Latvia, both in summer and winter; Excellent road access; Located in the crossroads between Aluksne and Latvian borders with Estonia and Russia: 17 km from the border of Estonia, 25 km from the border of Russia; Generously proportioned rooms; Good storage facilities; Modernised and efficient firewood heating – independent from central heating, extremely cost-effective in snowy Latvian winters; Parking space for clients.

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