Budapest XIII. kerület, Kresz Géza utca 34. For sale business-premises with street entrance

Allocation declFor sale my beloved business premises – 423 m² in the immediate vicinity of Westend

For sale my beloved business premises, where I had my own business and webshop for 5 years, and then provided me with a continuous passive income by renting them out in the following years. I have now decided to sell it due to the launch of a new project.

The property is located in Budapest’s 13th district, just a 2-minute walk from the Westend shopping center, near Nyugati Square.

The 423 m² business premises have a street frontage of more than 20 meters, two separate street entrances, large continuous spaces and an extremely flexible interior layout.

Over the past decades, it has hosted several businesses: it has operated as a shop, a gym, and is currently being used as an event venue for the sixth year.

Spacious spaces, freely flexible layout

One of the most important features of the property is the 423 m² floor area and the flexibility of the interior spaces.

The current design includes a nearly 200 m², roughly 10 × 20 meter, regular rectangular hall space, to which several offices, kitchens, restrooms and additional service rooms are connected.

With the exception of a few supporting columns, the interior walls are partitions, so the current room structure can be almost completely transformed. The large continuous space can be further expanded, or the property can even be divided into several separate functional units.

The floor plan in the advertisement shows the location of the supporting columns.

The interior height is typically 270–280 cm, which, together with the large floor area and open spaces, provides a pleasant, spacious feeling of space.

More than 20 meter street frontage, two separate entrances

The property's more than 20 meter wide street frontage has three large windows and two separate street entrances.

The premises are located a few steps lower than the sidewalk level, but thanks to the large street windows, the ceiling height and the open area opposite, the property has a bright, pleasant feeling of space.

In addition to the two street entrances, there is also a separate rear exit.

The design allows for the creation of rooms with different functions, departments or even separate business units.

Location, transportation and parking

The property is located in the immediate vicinity of the Westend shopping center, in one of the most accessible downtown areas of Budapest.

On foot:

● Westend shopping center main entrance: approx. 2 minutes

● Nyugati Square: approx. 7 minutes

The area is accessible by the M3 metro, several tram, bus and trolleybus lines, and the Nyugati Railway Station.

Despite the downtown location, access, parking and loading by car are also favorable.

There is an open public parking lot directly opposite the property, with approximately 15-20 parking spaces. The design of the environment also facilitates the transport of goods, even with larger, tail lift trucks, while the traffic on the street can remain undisturbed.

The Westend parking garage is also available nearby.

What can it be used for?

The property, due to its size, layout and location, can be a suitable location for many business activities.

Some possible areas of use:

● Shop, showroom, showroom
● Fitness, yoga, dance or exercise studio, gym
● Beauty, health or service center
● Education, training or education center
● Event venue, lecture or conference space
● Office, coworking space, corporate center
● Photo, film or creative studio
● Restaurant, catering establishment
● Other commercial or service activity

Hospitality utilization is also possible: the property has a built-in supply and exhaust air system, and there are no general functional restrictions on the part of the condominium that would exclude catering. The development of a catering establishment with a cold or hot kitchen may be possible by providing the necessary technical conditions and permits.

Main property data

● Total floor area: 423 m²
● Continuous hall space: nearly 200 m², approx. 10 × 20 meters
● Interior height: approx. 270–280 cm
● Street frontage: more than 20 meters
● 3 large street windows
● 2 separate street entrances
● Separate rear exit, which can also be used as an emergency exit under appropriate conditions
● Largely demountable internal partitions
● Several offices and service rooms
● Kitchen
● 5 separate toilets

Technical equipment and condition

● Supply and exhaust ventilation system serving the entire property
● Heating and cooling with inverter air conditioners
● Installed alarm and camera system with remote monitoring
● Mobile internet and GSM signal amplification system
● Own utility meters
● Dust-free, good technical condition rooms
● Major renovations between 2017 and 2021

The property has been in continuous use for several decades, and over the years it has undergone regular maintenance, modernization and transformations tailored to the current function.

Ownership and sales information

● Property registry classification: warehouse
● 1/1 ownership
● Encumbrance-free
● VAT-free sale
● Possession within a few days

The property is worth considering both for your own business and for long-term rental purposes. In addition to the current design, it is also possible to reorganize the interior spaces and develop various future functions.

For me, this business premises was the location of a well-functioning business for many years, and later a stable rental investment. I would be happy if the next owner could utilize it similarly well.

The property can be viewed in person at a previously agreed time.