Commercial property in Budapest, Hungary, 4 851 m²

Hungary. Budapest. Commercial and land plot. Industrial zone in Budapest's 8th district €3,200,000 Area: 7,783 sq. m DESCRIPTION • Plot area: 7,783 sq. m • Building area: 4,801 sq. m • Available for rent: approx. 4,000 sq. m The industrial zone is located in Budapest's 8th district. The total plot area is 8,163 sq. m. 7,783 sq. m are owned by the seller, and the remaining approx. 400 sq. m are used on the physically shared property under a usage agreement. The seller has a preemptive right to purchase the co-owner's land; the relationship is good and legally regulated. The building covers 4,500 square meters. The property includes: 1) A 700 square meter warehouse building. It is leased under a long-term lease agreement in euros. The building is in very good condition, well-equipped, freshly painted, and has a resin floor. It has no structural issues. 2) A 750 square meter warehouse building. In good condition, with high ceilings, it is leased under a long-term lease agreement in euros. A section of the warehouse building, divided by a wall, has been split into two levels. Four small low-ceilinged storage spaces were created in the lower section, while the upper floor contains six rooms and offices, which are currently unused. 3) At the rear of the property are offices, a building designed as an owner's apartment, a garage, a park, a tennis court, a garden barbecue area, and small storage spaces. The building area is 400 square meters. It is leased by the current caretaker at a competitive price, but with a contract that can be terminated at any time. The building was constructed in the 2000s for the then owner's own use and is in relatively good condition. The entire building could be converted for logistics purposes if necessary. 4) The main building contains a dance hall with a separate entrance, located on two floors, as well as three smaller rehearsal rooms (totaling 489 sq. m). This portion is leased to a dance company. The lease could be easily terminated if the space were to be used for other purposes. 5) Main Building: The main building, excluding the dance hall, is 1,800 sq. m. Beneath the dance hall, there are two apartments rented out to staff. The ground floor houses warehouses, office space, and residential accommodation, as well as currently unused exhibition halls and exhibition rooms with windows facing the street. The first and second floors were renovated last year and are currently used as housing for workers. The second floor is fully completed with 14 newly built apartments of 30 square meters, and 14 apartments are being built on the ground floor in the same manner. These are mini-apartments, boarding houses, and dormitory rooms with kitchens and bathrooms, ready for rent. Warehouses on the ground floor are available for rent. The presentation rooms are currently vacant. 6) Additional income is provided by rent; there are approximately 50 parking spaces, 18 of which are rented out. By renting out vacant spaces and renegotiating lease agreements, current rental income can be increased by at least 50-60% without major investment by the owner/operator. We will sell your apartment or house. We have a selection of apartments and houses to suit various budgets, including commercial properties.