Shopping center in Prague for sale
Moravic & Hicks are pleased to present a exclusive development project located in the north of Prague. Situated in a residential area with over 20,000 residents and with no direct competition nearby, we offer a fully operational retail center with approved planning for modernization. The site benefits from being located near major tourist attractions, having great public transport links and a large local consumer base within walking distance. The scope for further consumer spending is enhanced from being situated alongside a main commuting route to central Prague. With a number of successful retail outlets and food chains operational at present, plans have been drawn to enhance the site in this time of economic recovery to modernize the site which will include a multi level business center with state of the art design. A ground floor and sub level parking area will also be provided in the plans to meet the demand of consumer traffic. With having a major supermarket and succes
sful retail outlets involved the expected annual yield is 8%.
Property Details:
* Property: Investment/Development
* Price in EUR: 18,500,000
* Price is negotiable
This property is offered by Moravec & Hicks real estate
For more information on this property, or to inquiry about it, please visit the following URL:
http://www.fusedworld.com/Real_Estate/Europe/Czech_Republic/Prag/Prague/Investment_Development_for_sale_in_Prague_Czech_Republic_32660.html
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