Budapest VI. kerület, Izabella utca For rent business-premises with street entrance

FOR RENT: 342 M² COMMERCIAL PROPERTY NEAR ANDRÁSSY AVENUE

In Budapest’s 6th district, opposite the ELTE Faculty of Education and Psychology’s Psychology Institute and close to the Hungarian University of Fine Arts, the entire basement level of a condominium is for rent.

The property has a net floor area of 342 m², with most rooms featuring vaulted ceilings over 310 cm high. It has direct street access through a large double door. There are 19 windows in the basement, most of which are soundproofed. Approximately 70% of the sidewalls have been drywalled, and the floor is concrete.

The building’s facade and electrical system have been recently renovated. Inside, there is a reception/bar counter and separate restrooms for women and men. Ventilation is provided by two Gree units, each with a capacity of 350 m³/h, and two air conditioning systems ensure heating and cooling.

The property is equipped with individual meters for water, sewage, and gas, and an industrial electrical network is available, soon to be upgraded to 3×63 A capacity. Two chimneys are also available.

Renovation of the space is currently about 70% complete, allowing the remaining interior design to be customized to the new tenant’s needs.

The rent is 750,000 HUF/month, with a common cost of 146,000 HUF/month. Possession is possible after November 1. Renting requires a deposit of three months’ rent plus one month’s rent in advance. The contract is an official, inflation-adjusted lease notarized by a public notary.

Due to the large area and high ceilings, the property is ideal primarily for business and service purposes. It can be developed into an escape room, gym, personal training or movement studio, dance hall, educational or training center, creative or photo studio, showroom, club room, community space, or other service business. Hospitality activities may also be considered under suitable conditions.

The location is about 150 meters from Andrássy Avenue, approximately 250 meters from the metro station, and close to bus and trolleybus lines.