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Information

Hotel

This well-reconstructed historic house with 15 apartments, 2 non-residential units and a studio for expanding the usable space with an attic is located in the center of the metropolis, in close proximity to Wenceslas Square and the National Museum.

Key investment criteria

  • gross floor area 1,796 m2
  • net leaseable area 1,540 m2
  • current yield 3,67 % p.a.
  • some units are currently rented short-term, some long-term
  • potential to increase the leasable area by extension, study to increase by approx. 190 m2 of net rentable area
  • sale in the form of transfer of a property (share deal)

Description of the property

  • house built in 1920
  • complete reconstruction in 1996–1997, then regular maintenance and partial modifications
  • 4 above-ground floors, basement and an attic
  • brick structure (wall thickness 45–60 cm), gable roof with dormers and skylights
    wooden euro windows
  • stone staircase, external cladding of sandstone
  • floors: parquet, tiles, granite
  • basement: cellars, boiler room, office, corridor, cleaning and storage
  • ground floor: entrance hall, hall, staircase, shop, restaurant and 2 apartments accessible from the courtyard
  • 1.-5. floor: apartments, corridors, stairs
  • balcony overlooking the south-west facing paved courtyard with a green bed
  • lift (capacity 750 kg)
  • apartments on the ground floor boast air conditioning and underfloor heating
  • central gas heating and DHW heating (2 x Vaillant boilers from 2020)
  • master key, chip access system, massive wooden front door

cable and satellite TV distribution, Vodafone internet

Location
Excellent place right in the center of Nové Město, on a one-way side street leading to Wenceslas Square. Within a short walking distance is the Muzeum transfer station of lines A and C or the Karlovo náměstí station of line B, tram stops and the Main Railway Station and all civic amenities.

Gross area 1,796 m2, net leaseable area 1,540 m2, built-up area 478 m2, plot 478 m2.

Overview table

  • Selling price
    Price upon request
  • Building's net floor area
    1 540 m²
  • Basement
    Yes
  • Building's gross floor area
    1 796 m²
  • Building Energy Rating
    G
  • Reference number
    102619
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The data presented in this listing is purely informative in nature and does not constitute an offer in the sense of § 1731 or § 1732 of the Civil Code, nor is it a public promise pursuant to § 1733 of the Civil Code. The offer also does not give rise to anyone’s entitlement to a contract. SVOBODA & WILLIAMS s.r.o. only mediates the information gained in good faith from the owner of the property and therefore bears no responsibility for its accuracy or completeness, nor is it authorized to conclude any type of sales contract pertaining to the property on behalf of the owner.
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