Land

Prague 6, Bubeneč, Papírenská

Key investment criteria

• valid building permit for the reconstruction and completion of the multifunctional area
• total gross floor area 3,465 m² (after completion of all building modifications)
• total leasable area 2,855 m² (after completion of all building modifications)
• 778 m² parking area, 20 parking spaces under a roof structure
• 94 m² loggias and terraces
• exceptional and massively developing location
• breathtaking views of the Troja horizon
• direct connection to public transport
• utility networks on the property

Property description

• building plot 3,020 m² with favorable spatial planning conditions for general mixed construction
• flexible premises, multifunctional area suitable for offices, studios, commercial premises, catering premises
• premises for non-disruptive production are also permissible
• main building from the end of the 19th century (factory founded in 1893), 3 smaller buildings next to it
  
• in the rear part of the complex, 2 new buildings can be added according to the building permit, centered around the back yard
• a parking area will be as specified in the projct, created under the back yard
• dominant structure: original chimney with preserved foundations and flue can be used as an elevator shaft for servicing floors and as a unique experience elevator tower

Location

This developing, originally industrial area is located in the lower part of Bubeneč on the left bank of the Vltava River, rich in mature greenery. The sensitively reconstructed and widely visited Old Wastewater Treatment Plant national cultural monument is in the vicinity, and a premium residential project with hundreds of luxury apartments will be built nearby. The place is very accessible by car (approx. 5-minute drive from the exit of a tunnel complex), by train, and by public transport bus, and there is also a tram stop within walking distance. A busy bike path runs through the area. The project will suitably complement this unique location, which is immediately connected to the Stromovka Royal Nature Reserve, and will also increase the accessibility of the area for pedestrians and cyclists.