Property listing · For sale · Catering/Restaurant · Property no. 2373/1061

Palazzo Garden Hotel & Restaurant – Established Hotel in Szeged

6724 Szeged · Hungary

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Usable area435 m²
Plot564 m²
Energy certificateHWB 187.41 kWh/m²a (B)
Property typeCatering/Restaurant
UseCommercial
CountryHungary
Commission4% of purchase price plus 27% VAT

Description

Palazzo Garden Hotel & Restaurant – Established Hotel in Szeged

The Palazzo Garden Hotel enjoys an excellent location in Szeged, approximately five minutes on foot from the city centre. The charming property combines the elegant beauty of Neo-Baroque architecture with modern comfort and a welcoming, family-oriented atmosphere.

The hotel opened approximately 14 years ago and enjoys consistently high occupancy. In addition to the hotel operation, the property includes a restaurant, an inner courtyard with parking spaces and a spacious terrace.

Property Overview

Plot area: approx. 564 sqm

10 hotel rooms

Restaurant with capacity for approx. 50 guests

Inner courtyard with 10 parking spaces

Approx. 70 sqm terrace

Restaurant with separate street entrance

Gas heating throughout the property

Central location, approx. 5 minutes from the city centre

Bus and trolleybus stops directly next to the hotel

Hotel Area

The hotel offers a total of 10 rooms across two levels:

First floor: 3 large and 3 small rooms

Second floor: 1 large and 3 small rooms

Large rooms: approx. 30 sqm each

Small rooms: approx. 20 sqm each

Each room features a double bed and a private bathroom with toilet. The rooms can accommodate up to 20 guests, with additional sleeping capacity available through extra beds.

Restaurant

The restaurant has a capacity of approximately 50 guests and includes:

Dining area

Separate guest and staff toilets

Storage rooms

Storage areas

Preparation rooms

Kitchen area

Bar counter

Thanks to its separate street entrance, the restaurant can operate independently from the hotel. It can therefore serve both hotel guests and external customers.

The property is located in a desirable residential area of the city. The restaurant enjoys strong occupancy and additionally operates with a home delivery service.

Extensive Renovation

The building underwent a comprehensive renovation in 2016, including:

Replacement of all windows

Complete equipment and furnishings

Lighting fixtures

Replacement of flooring

Attic renovation

Guest room renovation

Kitchen renovation

Redesign of the bar counter

Redesign of the reception area

Facade refurbishment and repainting

The building was therefore extensively renovated and modernised.

Outdoor Area

The approximately 70 sqm courtyard terrace provides additional space for guests. During the summer months, the terrace can be operated as a garden restaurant, increasing the capacity of the hospitality business.

An attractive opportunity for investors, hoteliers and restaurateurs looking for an established hotel and restaurant property in a central location in Szeged.

For further questions or to arrange a viewing, we are happy to assist.

Features

fireplace, security, cable/satellite TV, air conditioning, customisable rooms, garden use, low-energy house

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