Andrássy út, from the Deák Square until Liszt Ferenc Square, has developed to become the prime aspirational and luxury retail destination in Budapest. Modelled on the grand boulevard of Paris, the street was designed by noted French urban planner Georges Hausesmann’s fim in the late 19th century. The tree lined boulevard is encompassed by neo-classical buildings built over a 20 year period and has been classified as a UNESCO World Heritage site. Over the recent past all the important luxury brands present in Hungary have opened on the avenue including, Gucci, Louis Vuitton, Burberry, Moncler, Jimmy Cho, Ermenegildo Zegna, as have the major watch brands including Rolex, Hublot, Omega and Breitling. These have been complemented by aspirational and lifestyle brands as Boggi, Michael Kors, PINKO, Max Mara, Max & Co, Guess, North Face and Apple.
The unit comprises of a 340sqm ground floor unit suitable for luxury or aspirational brands, of which the majority will boast the full 6.4m ceiling height after the demolition of most of the mezzanine floor. Distinct arched windows provide strong visibility together combined with the high vaulted ceiling will allow for a grand sales area. Rear of the premises is suitable for customer dressing rooms, storage and back office area can be connected to the Mezzanine floor above. Additional storage is available in the basement.
The area benefits from four shop windows facing onto directly the Andrássy boulevard, seven windows onto Dobó street and a separate delivery access from Révay utca with direct access to basement storage areas.
Unit will be delivered in ‘shell & core condition’ with connections to the brand-new centralised HVAC system and other required utilities.”