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NÁDOR UTCA RETAIL UNIT – ITALIAN FASHION DESIGN STORE

Location: 1051 Budapest, Nádor u. 17. A ép. Fszt.

TENANT

Gioia Kft. is a clothing retail company. The outer and inner design of the shop is highly aesthetic. The company has years of experience in marketing high-end women’s clothing. Their featured brands include clothing and apparel by designers Elisabetta Franchi, Anna Rita N, Mariagrazia Panizzi, Roberta Biagi , shoes by Loriblu and Cesare Paciotti , as well as jewellery by Della Rovere. Their aim is to offer their shoppers the latest trends through their selection of elegant and fresh stylish items. Their target audience is mostly the upper middle class and tourists. The property is located in Nádor utca, central Budapest, in the city’s administrative and touristic heart. The condominium building is about a century old and under heritage conservation.

KSP

(KEY SELLING POINTS)

  • central Budapest location
  • easily rentable space
  • modest investment volume makes for easily accessible rent or purchase
  • suitable for catering service operation
  • adjacent to CEU

DESCRIPTION

The property is located in Nádor utca, central Budapest, in proximity to OTP Bank headquarters as well as Central European University (CEU). With CEU’s new main building, the property’s micro-environment is among the most highly frequented in Budapest. The premises were rented and refurbished by a dealer in Italian women’s clothing. The store opened late 2014 and is presently in operation.

THE PROPERTY IN NUMBERS
Property type Retail unit
Tenant GIOIA Kft.
Start of lease 2014. 10. 01.
Duration 5 years
Download the project brochure in pdf
GESTOR Real Estates is an investment group focusing on real estate investments.
The group was founded in 1990 and is now focused on property investment in Hungary, Spain and Portugal.