📝 Description
Commercial administrative premises for sale in Vilnius Old Town, Algirdo g. 31-101A, Vilnius municipality. The starting auction price for these premises and the associated land plot portion is 293017 EUR.
The total area of the premises is 199.40 sqm, including various shared-use spaces. The sale also includes a 0.0150 ha portion of the 0.2319 ha land plot (unique number 4400-0404-5192, Algirdo g. 31, Vilnius).
The property is sold in its current physical and functional condition. Valstybės įmonė Turto bankas neįsipareigoja atnaujinti kadastro duomenų ar iškraustyti esančių daiktų. Electricity is supplied to the premises, but a sub-supply contract has not been signed.
Note that co-owners have not agreed on how to use the shared ownership, and land plot trustees have not made agreements regarding land usage. This is a potential investment; buyers should note that upon transfer of title to a third party, the tenant's right to terminate the lease (with 30 days' notice) remains valid.
Lease terms: A portion of the premises (47,55 sqm) is leased until 2024-12-13. Other portions are leased until March, August, and September 2025. The property is located in a visual protection zone and area related to Vilnius Old Town (code 16073) and Naujamiestis (code 33653) cultural heritage sites. This imposes restrictions on maintenance and construction/reconstruction work, which must be carried out in accordance with agreements under the Republic of Lithuania Construction Act and Immovable Cultural Heritage Protection Law.
The initial auction will take place on November 11, 2024 at 09:00:00 and end on November 12, 2024 at 13:59:59. Participant registration runs from 2024-11-04 00:00:00 to 2024-11-06 23:59:59. Registration fee is 100 EUR, and the guarantee deposit is 29301 EUR.
The total area of the premises is 199.40 sqm, including various shared-use spaces. The sale also includes a 0.0150 ha portion of the 0.2319 ha land plot (unique number 4400-0404-5192, Algirdo g. 31, Vilnius).
The property is sold in its current physical and functional condition. Valstybės įmonė Turto bankas neįsipareigoja atnaujinti kadastro duomenų ar iškraustyti esančių daiktų. Electricity is supplied to the premises, but a sub-supply contract has not been signed.
Note that co-owners have not agreed on how to use the shared ownership, and land plot trustees have not made agreements regarding land usage. This is a potential investment; buyers should note that upon transfer of title to a third party, the tenant's right to terminate the lease (with 30 days' notice) remains valid.
Lease terms: A portion of the premises (47,55 sqm) is leased until 2024-12-13. Other portions are leased until March, August, and September 2025. The property is located in a visual protection zone and area related to Vilnius Old Town (code 16073) and Naujamiestis (code 33653) cultural heritage sites. This imposes restrictions on maintenance and construction/reconstruction work, which must be carried out in accordance with agreements under the Republic of Lithuania Construction Act and Immovable Cultural Heritage Protection Law.
The initial auction will take place on November 11, 2024 at 09:00:00 and end on November 12, 2024 at 13:59:59. Participant registration runs from 2024-11-04 00:00:00 to 2024-11-06 23:59:59. Registration fee is 100 EUR, and the guarantee deposit is 29301 EUR.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Algirdo g. 31-101A
❓ Frequently asked questions
What is the starting auction price for administrative premises in Vilnius?
The starting price for administrative premises (Algirdo g. 31-101A) is 293017 EUR.
When will the auction for these premises take place?
The auction starts on 2024-11-11 09:00:00 and ends on 2024-11-12 13:59:59.
What is the total area of the premises being sold and is there a land plot portion?
The total area of the premises is 199.40 sqm, and a 0.0150 ha portion of the 0.2319 ha land plot at Algirdo g. 31 is also sold.
What are the mandatory fees for participating in the auction?
The guarantee deposit required is 29301 EUR, and the registration fee is 100 EUR.
How are viewings organized?
Viewings are arranged before the auction starts by coordinating the time in advance with the representative of the Property Sales Department.
Are the premises being sold leased and what are the lease terms?
Yes, part of the premises is leased: 47,55 sqm until 2024-12-13, other parts until March, August, and September 2025.
Does the property being sold have cultural heritage restrictions?
The property is in Vilnius Old Town's visual protection zone (code 16073) and Naujamiestis area (code 33653), so its maintenance is regulated by heritage preservation requirements.