Different purpose in Prague 1

€ 30,000,000

Description

We have one more historic building for hotel



People's House is located in Prague 5 Smichov. Can be converted into a hotel, theater, shopping center, etc. Price 30 million Euros

This object does not need reconstruction, it looks the same as in the photo. This house worked, before the caronovirus, under lease agreements. We rented forums, symposia, exhibitions, fairs, etc. Currently closed due to quarantine. Only a restaurant works. The People’s House is a monument of archeology. But in it you can make a hotel, a shopping center, a casino or something else. Optional. The restaurant is not rented, but managed. Profitability is high, as the People’s House and restaurant is located in the tourist center of Prague.

One of the main attractions of the Smichov district of Prague is considered to be a building built in 1906-1908, which is an art nouveau architectural monument, designed by architect Alois Censky. The building initially had two restaurants, a bowling alley, a cafe, a billiard room, a chess and a reading club. There were also two large halls - now it is the Great Hall and Arbes Hall. The building was built on the site of the original botanical garden, which was destroyed by flooding in 1890. Today, this cultural center is one of the five largest cultural centers in Prague with its capacity for public events.

Property details

Floor
3
Type of location
City center
Number of premises
1
Type of parking
Open
Ownership type
Proprietary
Payback period
Да
Year of construction
1906

Location

Prague 1

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