For sale commercial property, UZ020240
Budapest VIII. kerület, Józsefváros

99,900,000 Ft

276,000 €

  • 198m²
  • ground floor
Exclusive Contract

Attention Investors – Commercial property with a long-term tenant for sale in the VIII district, on Népszínház Street.

We offer for sale a total of 198 m² of commercial space currently operating as a bar, consisting of a 122 m² ground floor street-facing section and a 76 m² basement section, with 2 separate entrances directly from the street. The two levels are listed under separate property registration numbers, but the purchase price is for the combined acquisition of both property parts.

Key details: - Budapest VIII district, Népszínház Street - Currently operating as a bar - Total area: 198 m² - Ground floor: 122 m² - Basement: 76 m² - Ground floor and basement are on two separate property registration numbers - Ground floor section needs renovation, various functions can be established according to needs - Basement section is in good condition, with a height of 3 meters - Fixed tenant until 2030 - Currently a favorable investment providing good returns - The listed purchase price applies to the combined acquisition of both property sections One of the most important advantages of the property from an investment perspective is that it has a fixed tenant until 2030, allowing it to operate as an income-generating investment immediately after purchase. The current rental arrangement provides favorable returns, making the property particularly interesting for investors looking for business premises in Budapest with a long-term, predictable rental background. Neighborhood: - Népszínház Street is one of the well-known areas close to the city center in the VIII district. The area is characterized by dense residential development, vibrant pedestrian traffic, and numerous shops, dining establishments, and services. - One significant advantage of the location is the good public transport connections and quick access to the city center. Blaha Lujza Square, II. János Pál Pápa Square, and central parts of Budapest can be reached in a short time, which is favorable for both business and investment perspectives. - Due to the large population, the businesses and dining establishments operating in the area, and its central location, the property offers a commercially viable location for long-term use. I look forward to your call any day of the week! We offer tailored mortgage solutions for your unique needs. Our bank-independent credit center competes for you with offers from all banks and credit institutions available in the country at no charge. Our colleagues, with extensive professional experience, are ready to assist you at a pre-arranged time, even after regular working hours.

Registration Number

UZ020240

Property Details

Sales
for sale
Legal Status
used
Character
commercial
Type of Business Property
part of building
Construction Method
brick
Net Size
198 m²
Above-Ground Net Size
198 m²
Heating
other
Ceiling Height
500 cm
Number of Levels Within the Property
1
Condition
Average
Condition of Facade
Average
Condition of Staircase
Average
Common Costs
59110
Water
Available
Electricity
Available
Sewer
Available

 

Possible Functions
retail, hospitality unit, industrial hall or warehouse, other
Visibility
Easily visible from busy main road
Accessibility
Entrance from high foot traffic street
Utilization
rented out
Monthly Rental Fee
700000

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