KotanGuard Prague Properties

This investment opportunity offers two joint buildings for sale with a committed long term tenant. < Land plot no. 334 with 129 m2 of built in area (cellar and three floors), Land plot no. 335 with 235 m2 of built in area (three floors), Total usable area (including corridors) is 820 m A simple loft conversion creates additional 280 m2 of the usable area, Total usable area after the decoration is 1100 m2, The Krymska building shall be extended by one floor allowing for another 165 m2 of the usable area. Total usable area after the decoration and extension is 1265m2 Price for the current two buildings: 40,500,000 CZK (£987,800) Price of the decoration: 7 – 10 million CZK* Price of the extension: 5 – 7 million CZK* Tenant: (Gaston, s.r.o.) a hotel chain running 6 hotels in Prague at the moment Lease period: 5 years plus 5 years option