📝 Description
The Vilnius City Municipality announces an electronic lease auction for premises totaling 86.09 sqm, intended for retail and/or service activities at Konstitucijos pr. 3A, Vilnius, underground passage, postal codes R-(9-10). The unique property number is 4400-0358-3155:4303.
The proposed lease term is 5 years. Although the initial auction price is listed as 0 EUR, the actual starting rental amount from which the deposit is calculated is 670 Eur. VAT does not apply to rent.
An immediate payment of the initial deposit is required, equal to 3 months of the initial rental fee, i.e., 2010 Eur. This deposit remains with the lessor as a guarantee for fulfilling contract conditions and is returned upon lease term expiration if conditions are properly met. The registration fee for the auction is 20 EUR.
The auction will take place from October 28, 2024 at 09:00:00 until October 29, 2024 at 13:59:59. Registration for the auction runs from October 22, 2024 to October 23, 2024 at 23:59:59.
Premises inspections are available from October 7, 2024 to October 21, 2024 on business days between 9-15. Pre-registration is required for inspections.
Auction participants must submit various documents, including company registration details (if a legal entity), activity description, consent with Vilnius City Municipality Council approved sample lease agreement and consent with reputation evaluation. Proof of tax and social insurance contributions payment and a bank receipt confirming the 2010 EUR deposit paid to Vilnius City Municipality Administration account (LT27 4010 0424 0397 3788 AB Luminor banke) are also mandatory.
The lessor is Vilnius City Municipality (company code 111109233). It is required to review the sample lease agreement draft.
The proposed lease term is 5 years. Although the initial auction price is listed as 0 EUR, the actual starting rental amount from which the deposit is calculated is 670 Eur. VAT does not apply to rent.
An immediate payment of the initial deposit is required, equal to 3 months of the initial rental fee, i.e., 2010 Eur. This deposit remains with the lessor as a guarantee for fulfilling contract conditions and is returned upon lease term expiration if conditions are properly met. The registration fee for the auction is 20 EUR.
The auction will take place from October 28, 2024 at 09:00:00 until October 29, 2024 at 13:59:59. Registration for the auction runs from October 22, 2024 to October 23, 2024 at 23:59:59.
Premises inspections are available from October 7, 2024 to October 21, 2024 on business days between 9-15. Pre-registration is required for inspections.
Auction participants must submit various documents, including company registration details (if a legal entity), activity description, consent with Vilnius City Municipality Council approved sample lease agreement and consent with reputation evaluation. Proof of tax and social insurance contributions payment and a bank receipt confirming the 2010 EUR deposit paid to Vilnius City Municipality Administration account (LT27 4010 0424 0397 3788 AB Luminor banke) are also mandatory.
The lessor is Vilnius City Municipality (company code 111109233). It is required to review the sample lease agreement draft.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Konstitucijos pr. 3A
❓ Frequently asked questions
What is the minimum rental fee and how much initial deposit must be paid?
The initial rental amount is 670 Eur (initial deposit for 3 months of rent, i.e., 2010 EUR). VAT does not apply to rent.
When does the electronic lease auction take place?
The auction (lease auction) starts October 28, 2024 at 09:00:00 and ends October 29, 2024 at 13:59:59.
What is the address and size of the premises?
The premises are in Vilnius, Konstitucijos pr. 3A, underground passage, postal codes R-(9-10). Total area is 86.09 sqm.
How long will the premises be rented?
Premises are rented for a period of 5 years.
When can premises be inspected and is registration required?
Inspection is possible from October 7, 2024 to October 21, 2024 on business days between 9-15. Registration for inspection time is required.
What is the duration of registration for the auction?
Registration for the electronic lease auction runs from October 22, 2024 at 00:00:00 to October 23, 2024 at 23:59:59.
What is the non-refundable fee for registration?
The registration fee for the auction is 20 EUR. The initial deposit (2010 EUR) is returned upon request if unsuccessful in the auction.