House with 2 Businesses for Sale in Prague - Northwest, Czech Republic

Commercial/Residential House with Garden

An investment opportunity represents a one storey building with attic plus free standing house in the garden. A restaurant and a small casino are located on the ground floor. In the attic a two double bedroom apartment plus storage space, which could be reconstructed into a second apartment. The building is situated only a few minutes from shopping centre, hospital, bank, etc. Prague city centre is ca 20 min by car and international airport 15 min.

Deal type: Asset sale with Tenants
Condition: After reconstruction (2007)
Plot size: ca 500sgm
Net useful area: 365sgm (commercial 173sgm & resi. 192sgm)
Lease income: 720k CZK(ca. £25000)

Currently, the commercial units (casino and restaurant) with a total net area of 173sgm is leased to two tenants with an annual income of ca. £25000. The lease agreement is signed with a 2 months termination period. The restaurant has been operating since 1993, the casino was reconstructed in 1997 and has been operating since. The apartment is occupied by the owner and there is the possibility to increase the annual income by renting the apartment to a third party.
For more info about this property, please write your full name, e-mail, tel. number and our real estate agent will contact you as soon as possible.

Viewing is possible by appointment