📝 Description
An administrative building with a total area of 552,44 sqm is being sold in an auction in Birzu District Municipality, Nemuneli Radviliskis town, at Birzų g. 3. This 1988-built property is at 100% completion and offered with an initial price of 14610 EUR. The building has a power capacity of 5 kW.
A significant part of the buyer's investment decision relates to lease conditions: rooms totaling 18,00 sqm (marked No. 11) and a portion of 2,45 sqm (marked No. 10) are leased under an existing contract until October 14, 2033. The property is operated on a state-owned land plot of 0,1096 hectares, with a lease agreement valid until September 9, 2102. State land rent paid for 2023 amounted to only 13,92 Eur.
The initial auction price is 14610 EUR, and the security deposit required for registration is 1000 EUR. Registration runs from 2024-08-23 until 2024-08-29. The auction takes place on September 3, 2024 and ends at 2024-09-04 13:59:59. Contract preparation costs, including the notary fee, are paid by the winner, and the contract is signed at a notary office in Vilnius chosen by the Seller.
The future owner must consider that the Seller does not guarantee reconstruction possibilities or alignment with buyer expectations. The buyer must independently assess land usage conditions and consult local municipality or State Territorial Planning and Construction Inspection if needed. Land use rights are transferable, but the new owner may need to adjust lease terms according to laws by contacting the local municipality.
A significant part of the buyer's investment decision relates to lease conditions: rooms totaling 18,00 sqm (marked No. 11) and a portion of 2,45 sqm (marked No. 10) are leased under an existing contract until October 14, 2033. The property is operated on a state-owned land plot of 0,1096 hectares, with a lease agreement valid until September 9, 2102. State land rent paid for 2023 amounted to only 13,92 Eur.
The initial auction price is 14610 EUR, and the security deposit required for registration is 1000 EUR. Registration runs from 2024-08-23 until 2024-08-29. The auction takes place on September 3, 2024 and ends at 2024-09-04 13:59:59. Contract preparation costs, including the notary fee, are paid by the winner, and the contract is signed at a notary office in Vilnius chosen by the Seller.
The future owner must consider that the Seller does not guarantee reconstruction possibilities or alignment with buyer expectations. The buyer must independently assess land usage conditions and consult local municipality or State Territorial Planning and Construction Inspection if needed. Land use rights are transferable, but the new owner may need to adjust lease terms according to laws by contacting the local municipality.
📍 Location
📍 Biržų r. sav. Nemunėlio Radviliškio mstl. Biržų g. 3
❓ Frequently asked questions
What is the initial price and security deposit for this administrative building?
The initial auction price is 14610 EUR. The security deposit required to participate is 1000 EUR.
When does the auction take place and when does registration end?
The auction starts on 2024-09-03 09:00:00 and ends on 2024-09-04 13:59:59. Registration ends on 2024-08-29 23:59:59.
What is the main characteristic of the building at Birzu g. 3, Nemuneli Radviliskis?
It is a 1988-built administrative property with an area of 552,44 sqm, 100% completion, and 5 kW power.
Are there lease obligations that remain after the auction ends?
Yes, rooms totaling 18,00 sqm and 2,45 sqm are leased until 2033-10-14. The building also stands on state land with a lease valid until 2102-09-09.
Who pays contract preparation costs and where is the contract signed?
Contract preparation costs, including notary fees, are paid by the auction winner (Buyer). The contract is signed at a notary office in Vilnius chosen by the Seller.
Who is responsible for property suitability for the buyer's planned activities?
The Seller does not guarantee reconstruction possibilities or usability according to the buyer's plans. The buyer must evaluate all possibilities independently.