Commercial property 430 m² in Budapest, Hungary

Hungary, Budapest
Archive cost €1,25M
Sold or out of date
Posted at: 16/03/2024
Updated at: 11/04/2024

Location

Country: Hungary
State: Central Hungary
Region: Komarom-Esztergom
City: Budapest
Address: Krisztina koerut

Property parameters

Total area: 430 m²

Description

In the bustling street of District I, a ground floor retail space with a showroom area opening onto the street is for sale. A reliable long-term tenant has been renting the property for almost two decades. The current tenant has a valid lease agreement until 2027, paying a monthly rent of 6000 euros (operating costs are covered by the tenant). The ground floor portion of the property is in good condition. Heating and cooling are currently provided by high-wall split units with a heat pump system running solely on electricity. Location: Close to Déli pályaudvar (Southern Railway Station) and the Buda Castle. Krisztina Square is a 5-minute walk away. Excellent Public Transportation: Trams: 5, 16, 105, 116, 178, 210, 956 Bus: 56, 56/A The above-ground area is 430 sqm net, while the entire store is 650 sqm. (The basement level includes a 220 sqm warehouse, sanitary blocks, and mechanical rooms.) There are 5 surface parking spaces and 1 courtyard parking space, with the possibility of the entire basement level functioning as a garage. Possible uses: Office Retail store Showroom Convenience store Pharmacy Barber shop Brand service center Restaurant Heating and cooling are currently provided by high-wall split units with a heat pump system. The property is in good condition and is currently operating as a brand service center. The listed purchase price is a net price, subject to an additional 27% VAT. The plans shown in the pictures are visual representations. For more details, please contact us!

Location

Hungary, Budapest