For sale business-premises with street entrance
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Condition of the real estate
|
in good condition |
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Year of construction
|
before 1950 |
|
Floor
|
ground floor |
|
Air conditioner
|
not provided |
|
Overhead
|
not provided |
|
Energy performance certificate
|
not provided |
|
Condition of the real estate
|
in good condition |
|
Year of construction
|
before 1950 |
|
Floor
|
ground floor |
|
Air conditioner
|
not provided |
|
Overhead
|
not provided |
|
Energy performance certificate
|
not provided |
Description
EXCEPTIONAL INVESTMENT OPPORTUNITY NEAR OKTOGON
A unique, three-level commercial property with versatile utilisation potential is now available for sale in one of Budapest’s most sought-after central locations, just steps from Jókai Square and Oktogon.
Official address: 40 Teréz Boulevard, Budapest 1066
Entrance: 15 Jókai Street
KEY INVESTMENT HIGHLIGHTS
• Prime location near Oktogon
• Registered floor area: 762 m²
• Nearly 840 m² of total usable space, including the gallery level
• Three levels offering various utilisation possibilities
• Stable, established tenant
• The tenant intends to continue the lease after the change of ownership
• Potential to generate rental income immediately after purchase
• Significant redevelopment and repositioning potential
• Large, open-plan areas
• Previously developed wellness facilities
• Nearly new freight lift
• Excellent public transport connections and urban infrastructure
PROPERTY LAYOUT
GROUND FLOOR – APPROXIMATELY 278.5 M²
The centrepiece of the ground floor is an approximately 168 m² open-plan area. Its generous size and flexible layout make it suitable for a wide range of commercial, service-related and representative uses.
GALLERY LEVEL – APPROXIMATELY 306.8 M²
The gallery level includes an open area of more than 258 m². Its spacious design provides an excellent foundation for a showroom, office, educational facility, studio or community space.
BASEMENT LEVEL – APPROXIMATELY 254 M²
The basement contains a previously developed wellness area, which is currently not in operation. Its existing facilities include:
• jacuzzi,
• changing rooms,
• washrooms and sanitary facilities,
• solarium,
• exercise room.
The wellness section can be renovated, redesigned and adapted to suit the new owner’s business concept.
IMMEDIATE INCOME POTENTIAL
The property is currently occupied by a stable, long-term tenant who wishes to continue the lease following the change of ownership.
As a result, the property offers not only substantial development potential but also the possibility of generating rental income from the moment of acquisition.
VERSATILE UTILISATION OPTIONS
The three levels, extensive open-plan areas and existing service facilities provide an excellent basis for a wide range of business concepts.
Subject to the necessary permits and technical requirements, the property may be suitable for use as:
• a prestigious corporate headquarters,
• a showroom,
• an exclusive retail space,
• a healthcare or beauty centre,
• a fitness or sports facility,
• an educational centre,
• an event venue,
• a creative studio,
• a community space,
• a premium service centre.
The freight lift, internal staircases, offices, changing rooms, service areas and sanitary facilities all support flexible commercial use.
OUTSTANDING CENTRAL BUDAPEST LOCATION
The immediate proximity of Oktogon, the distinctive atmosphere of Jókai Square and the excellent infrastructure of Budapest’s 6th District provide an exceptional setting for the property.
Numerous shops, restaurants, hotels, offices, service providers and cultural institutions can be found nearby. The property is easily accessible by public transport from virtually every part of Budapest.
A RARE OPPORTUNITY FOR INVESTORS
This property combines:
• immediate rental-income potential,
• long-term appreciation potential,
• extensive redevelopment possibilities,
• multiple future utilisation options,
• an outstanding presence in central Budapest.
It is an ideal choice for investors and businesses seeking a large, centrally located and highly adaptable commercial property in the heart of Budapest.
IMPORTANT INFORMATION
The stated floor areas have been calculated based on the available floor plans and are provided for information purposes only.
The purchase price is exclusive of VAT.
For further information, detailed documentation or to arrange a viewing, please feel free to contact us.