Retail space in a frequented part of Budapest District 5

Budapest, V. District (Belváros-Lipótváros) • Size: 958 sqft / 89 m²

Highlights

Street-front retail space with an impressive, modern glass portal and a loft to make the most of the high ceiling. Option for taking over the basement partly under it.

Location

Budapest District 5, central location, in an elegant neighborhood, in an area best suited for selling high value items.

Property description

Based on the area, the store is best suited for selling items such as gold, silver, carpets, porcelain, watches, jewelry, antiquities, or any kind of art. It might also work for a private clinic, something to do with beauty care, as a gym, as an office space for real estate or law, as a sandwich or wine bar, or even as a general store.

Main features

Total floor space: 89sqm with 55sqm on the ground floor including a small washroom and a storage closet, and 34sqm on the loft, where there is a separate office space.

Total ceiling height is 630cm – 263cm under the loft, and 232cm on it.

Furniture is not included and will be removed upon purchase. Equipment like the alarm system, air conditioning, and apparatus for central heating remains. The shopwindow is made of tempered glass and it has its own automatized protective grille.

Extra opportunity

The space is owned by a company, which is also for sale (for HUF 25 million). The company is leasing a basement with 117sqm floor space partly under the store with 3 rooms (for HUF 143,000 monthly). The two spaces may be connected (subject to approval from the local government). The basement also has its own bathroom.