Prime Retail Unit for Sale on Duna Korzó

Vigadó tér 3, Budapest, V. District
Price 1.452.300.000 Ft
Ref: DWNT-039FE2
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Property Details
Price: €3,800,000
Price/sqm: €32.203
Official Size: 118 m2
Actual Size: 118 m2
Property Type: Retail
City: Budapest
District: V.
Floor: Ground floor
View: panoramic
Building Style: Civil style
Orientation: west
Light Conditions: shady
Electricity: 1
Gas: 1
Water: 1
Sewage: 1
Internet: 1
Property Description
The famous Dubarry Terrace Café, later known as Dubarry Restaurant, has been open since 1935. The restaurant, which has a history of almost 100 years, has become one of the most important figures in Hungarian gastronomy. The future owner will have the opportunity to preserve this heritage for posterity and to further develop the restaurant by exploiting the potential of the brand.
Location Description
The Dunakorzo in Pest is a pedestrian street between the Szechenyi Chain Bridge and the Elisabeth Bridge on the Belgrade quay, where you can find five-star hotels (InterContinental, Marriott, Sofitel), restaurants, cafés, bars and casinos. It offers the best views of the Buda Castle District, the Citadel, Gellért Hill and the surrounding bridges.
Other Description
Data:

Surface area: 118 sqm
Terrace area: 70-90 sqm outdoor terrace, rented by the municipality.
Function: restaurant function
Facade: exclusive views and natural light
Interior: high ceilings, modern design and versatile layout
Utilities: Fully equipped kitchen, including oil and fume extraction system and air conditioning system
Accessibility: Easy access by public transport, including metro, tram and bus

Price: 3.800.000 EUR + VAT
The retail unit is leased with triple net lease conditions.
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