Wenceslas Square is one of the main city center of Prague. The Square is named after Saint Wenceslas who is the patron saint of Bohemia. It is a short walking distance from Old Town. You will find plenty of shops, souvenir stores and restaurants here. It is accessible via tram and metro.
It is serviced by metro line A Mustek as seen from the picture above. There are also taxis parked nearby. You can also see the huge H&M store from the peach building. I actually walked from one end to the other end and then around on the other side.
I like that there were seats in the middle which is pedestrian only and you can take decent pictures without having to worry about traffic or rest your wary feet.