The venue
Turnkey — from the door handle to the espresso machine
Fully renewed electrical network with 3×164 A capacity, modernised water and sewage networks, a Mitsubishi Electric Zubadan heat-pump system with VTS air handling.
A fitted hot kitchen and a stand-alone bar section — the two can be run flexibly, even independently. The sale includes the entire fit-out and equipment, with a 509-line itemised list.
SpecificationPedestrian street
Since 20 June 2025 the relevant section of Kazinczy utca is open to pedestrians and cyclists only.
Engineered water protection
Four independent levels of protection — the classic basement risk does not apply here.
Hot kitchen and bar
A fitted kitchen and a stand-alone bar section; the two can be operated independently.
Complete fit-out
The sale includes the entire equipment, with a 509-line itemised list. Ready to open.
See it in person— the space sells itself.
Pedestrian street
A pedestrian zone since summer 2025
Not a proposal but an implemented measure: since 20 June 2025 the relevant section of Kazinczy utca — which includes this property — is open to pedestrians and cyclists only.
For a hospitality venue this means four things: more eyes on the street, a far more visible entrance, increased terrace potential and a quieter guest experience. Szimpla Kert is 100–150 metres away, Gozsdu Courtyard a few steps.
Floor plan
Data and
floor plan
- Floor area117 m²
- Registered useRestaurant
- LocationBasement, pedestrianised section
- Year built1895
- Listed buildingYes
- Energy ratingC
- Electrical capacity3×164 A
- EncumbrancesNone
Architectural floor plan — construction drawing, 2021. The drawing covers the design area, which also shows adjacent rooms that are not part of the sale. The official floor area per the title deed is 117 m².
Gallery
As it stands today — professional photography
Vaulted brick ceiling, hand-painted wall surfaces, velvet seating, custom-designed lighting and marble-patterned design washrooms. Two distinct areas, several moods, one identity.
Video
A walkthrough — from the entrance to the rear area
Playback ends after the guest areas. Open in a new window
Market context
Why this is a good moment to enter the quarter
The licence belongs to the operator
Every new operator must obtain their own operating licence. What comes with the property: registered restaurant use, a fitted hot kitchen and a stand-alone bar section, modern ventilation and industrial-level electrical capacity — the technical preconditions for licensing are in place.
Ready venues gain relative value
The shake-out in the sector mainly removes undercapitalised venues in need of refurbishment. Fully renovated, immediately operable properties gain in relative value.
Falling rates and yields
Central bank base rate 6.00% (June 2026), inflation 1.8% (May 2026). Prime retail yield expectations fell from 7.00% to 6.25% by end-2025 (Cushman & Wakefield).
Budapest tourism at a record high
Budapest recorded 11.63 million commercial guest nights in 2025 (+7.0%, HCSO). Around 86% of guests are international. District VII has no Airbnb ban in force.
Next step
Viewings can be arranged flexibly
Qualified buyers receive the full documentation: certified title deed, 509-line itemised inventory, energy performance certificate, technical descriptions.