For sale business-premises with street entrance
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Condition of the real estate
|
like new |
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Year of construction
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before 1950 |
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Floor
|
not provided |
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Air conditioner
|
yes |
|
Overhead
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not provided |
|
Energy performance certificate
|
not provided |
|
Condition of the real estate
|
like new |
|
Year of construction
|
before 1950 |
|
Floor
|
not provided |
|
Air conditioner
|
yes |
|
Overhead
|
not provided |
|
Energy performance certificate
|
not provided |
Description
An outstanding investment opportunity in the city centre, with the option to lease back a prestigious showroom!
Asking price: EUR 1,500,000
In the centre of Budapest, near the Erzsébet Bridge, on a busy, four-lane main road, we are offering for sale a high-quality, street-front retail unit with unique features.
According to the title deed, the property has a floor area of 236 square metres; however, the actual built-up and usable area is approximately 286 square metres.
The high ceilings, sophisticated interior design, glass-railed gallery, unique lighting and spacious showrooms create a truly prestigious business environment.
One of the premises’ greatest advantages is its outstanding street visibility. The large glass fronts not only provide plenty of natural light but also offer a striking visual presence and significant advertising value, given such a busy city-centre location.
A particularly attractive opportunity for investors!
The sale also includes a lease-back option: the current occupant would lease the property back following the sale for a gross monthly rent of 3,000,000 Ft.
This represents annual rental income of 36,000,000 HUF.
With a purchase price of 1,500,000 EUR, the gross return on investment is approximately 6.5–7 per cent, depending on the current EUR/HUF exchange rate, and the simple payback period is approximately 15 years.
The duration of the leaseback agreement, the annual rent indexation and other terms and conditions can be tailored as agreed between the parties.
I particularly recommend it as a showroom!
I wholeheartedly recommend it to businesses specialising in furniture, home furnishings, interior design, design or the sale of premium products, which do not wish to spend years and significant sums on setting up a new showroom.
Here, an elegant, ready-to-use showroom – well-established over several years – is available, where a company can showcase its products and present itself to its clients, designers and business partners in a fitting setting.
The current layout is particularly well-suited to showcasing furniture, home furnishings, lighting products, premium floor and wall coverings, kitchens, design products or other high-end items.
It offers versatile usage options!
In addition to catering with a hot kitchen, the property is suitable for a wide range of other commercial, service, office or showroom functions.
Thanks to its layout, it could be ideal for, amongst other things:
a premium showroom,
a furniture or interior design shop,
a design studio,
a showroom,
a retail outlet,
an office or customer service centre,
or for beauty, healthcare or other service-based activities.
A rare opportunity for those seeking a spectacular, ready-to-use premium commercial property in central Budapest with a large glass façade – whether for their own use or as an investment providing a stable rental income.
Please do not hesitate to contact us for further information, documentation and a private viewing!