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Auction - Sale of Brodway Palace in Prague.

Please note: this object is offered by Úřad pro zastupování státu ve věcech majetkových (ÚZSVM) and therefore falls outside the scope of the sales procedures of the Central Government Real Estate Agency. For more information, please contact ÚZSVM. ÚZSVM is a member of PuRE-net. PuRE-net (the Public Real Estate Network) is a European organisation gathering national real estate agencies and ministries responsible for public real estate across Europe. Rijksvastgoedbedrijf (RVB), the Dutch Central Government Real Estate Agency, is the Dutch representative in PuRE-net.

ÚZSVM is looking for a buyer for this profitable property in the heart of Prague. The administrative and commercial building complex is located conveniently within the area of the Celetná and Na Příkopě street in Prague’s Old Town. It also houses a theatre and a public passage connecting adjacent streets.

Palace Broadway was designed by architects Bohumír Kozák and Antonín Černý and was built in 1938. It was constructed for the needs of two insurance companies Moldavia Generali and Assicurazioni Generali. Historically, the building was also known as Palace Sevastopol.

The building consists of three sections, is six and seven storeys high and has three underground floors. In its original form there were also apartments but it was completely rebuilt in 1980s for administrative purposes. Ground floor areas are adapted for shops, cafes, restaurants and other commercial businesses.

More info can be found at https://www.bidbook.eu/en/realestate/view/1165/na-prikope-988-in-prague or at Broadway leaflet (PDF, 3 MB)  or at https://www.uzsvm.cz/broadway-palace-extraordinary-cultural-monument-in-the-center-of-prague-and-uni.