Commercial Property for Sale · Restaurant · 142 m²
Pitterova, 130 00 Praha 3-Žižkov, Česko
Price
943 478 USD
Status
Active
Private Advertiser
Private seller
Property Description
We offer for sale a non-residential space with a total usable area of 142 m², located on the ground floor of a prestigious residential complex, Central Park Prague, in Žižkov. The space underwent a complete renovation in 2020. The usable area is 135 m² and is situated at the main entrance to the residence, in close proximity to the reception.
Currently, the space is utilized as an established restaurant. Possible uses also include offices, a clinic, or other types of commercial space.
The property includes an underground parking space and a cellar of 7 m² (registered on a separate ownership deed).
The property is sold including built-in equipment such as air conditioning, heating, fireplaces, a projector, and more. It is also possible to purchase the business entity that owns the space. The property is subject to a mortgage, which can be paid off from the purchase price or transferred to the new owner. The mortgage interest rate is 6.8% per annum with a fixed term of 14 years.
The space is currently leased under a long-term contract with a guaranteed return. Our company is the tenant of the space, and the current operator is in the position of a subtenant. We offer the buyer the opportunity for a guaranteed return for a period of 3 to 5 years. By agreement, we can also provide property management throughout this guarantee period, being responsible for the payment of rent and any potential defaults by the subtenant.
The subtenant pays rent quarterly in advance. They have invested approximately 1.3 million CZK in furniture and other equipment, indicating their long-term interest in utilizing the space. The tenant is a prominent athlete who uses the space as a venue for business meetings. Operating the restaurant is not their main source of income; they own several companies, including a construction company in Germany.
The Central Park Prague residential complex was completed in 2009 and offers a gated area with a private park of 15,000 m², featuring a multifunctional sports facility, a children's playground, a stream, and a restaurant. The building has a 24/7 reception, security, and a camera system. Access to the buildings is managed through security chips.
All civic amenities are within walking distance: kindergarten, restaurants, post office, polyclinic with a pharmacy, sports center with a gym and sauna, and Parukářka park.
Property Area
142 m²
Type of Commercial Property
Restaurant
Property Condition
New Construction
Currently, the space is utilized as an established restaurant. Possible uses also include offices, a clinic, or other types of commercial space.
The property includes an underground parking space and a cellar of 7 m² (registered on a separate ownership deed).
The property is sold including built-in equipment such as air conditioning, heating, fireplaces, a projector, and more. It is also possible to purchase the business entity that owns the space. The property is subject to a mortgage, which can be paid off from the purchase price or transferred to the new owner. The mortgage interest rate is 6.8% per annum with a fixed term of 14 years.
The space is currently leased under a long-term contract with a guaranteed return. Our company is the tenant of the space, and the current operator is in the position of a subtenant. We offer the buyer the opportunity for a guaranteed return for a period of 3 to 5 years. By agreement, we can also provide property management throughout this guarantee period, being responsible for the payment of rent and any potential defaults by the subtenant.
The subtenant pays rent quarterly in advance. They have invested approximately 1.3 million CZK in furniture and other equipment, indicating their long-term interest in utilizing the space. The tenant is a prominent athlete who uses the space as a venue for business meetings. Operating the restaurant is not their main source of income; they own several companies, including a construction company in Germany.
The Central Park Prague residential complex was completed in 2009 and offers a gated area with a private park of 15,000 m², featuring a multifunctional sports facility, a children's playground, a stream, and a restaurant. The building has a 24/7 reception, security, and a camera system. Access to the buildings is managed through security chips.
All civic amenities are within walking distance: kindergarten, restaurants, post office, polyclinic with a pharmacy, sports center with a gym and sauna, and Parukářka park.
Property Area
142 m²
Type of Commercial Property
Restaurant
Property Condition
New Construction