Office space

Prague 3, Žižkov, Vlkova

Key investment criteria

• current leasable area 457 sq. m. (gross floor area 542 sq. m.)
• anticipated future leasable area, according to the study 559 sq. m. (residential units)
  
• the building is situated in the "general residential area" according to the zoning plan
• units (now offices) rented with a three-month notice
• building continuously maintained
• possibility to install an elevator
• excellent location within walking distance of the University of Economics campus
• sale in the form of a transfer of 100% of the shares in a company (share deal)
  

Property description

• brick building from the 1930s in a courtyard
• 4 floors + attic suitable for extension
• built-up area 237 sq. m.
• windows face southeast and northwest
• the floor area of the new units from approx. 20 sq. m. to approx. 107 sq. m.
• front gardens proposed for the ground floor units, balconies for selected
• apartments on the higher floors
• heating by Junkers gas boilers
• easement of access and driveway through the courtyard ensures trouble-free access to the building

Location

An excellent location with good transport connections by tram and bus, in the immediate vicinity of a university campus and football stadium, close to the Rajská zahrada, Riegrovy sady, or Mahlerovy sady parks. The area is full of shops, restaurants, cafes, and clubs, as well as medical services.