This is an amazing location, you simply could not get a better place. There are excellent restaurants right out the door. Be sure and try The Monk at the end of the street by the passage and the Alfredo at the opposite end to the left towards the market. There is a bank and Tesco grocery store not far away for honest money exchanging and food. Do not use any of the numerous money exchanges, they are pretty much all a rip off. The signs say “ we buy” but you are having them sell to you and the rates are much less. Use the bank. It’s easy to get to the old town square in less than 5 min, so you can try and catch the clock as many times as you want! It’s crowded no matter what time you go, so wander the side streets and get lost. We had Romana order us a taxi and the driver was waiting in the lobby as expected. It was 550 Czech and worth it. Enjoy this beautiful city and all it has to offer. On You Tube there is are excellent videos from Honest Guide. They are fun and a good way to see Prague and get some great tips.