📝 Description
The Vilnius City Municipality is announcing an electronic rent auction for 35.50 sqm commercial and/or service premises located at Konstitucijos pr. 3A in the underground passage of Vilnius City. The lease term is set for 5 years.
The initial rent price is established at 277 Eur per month, without VAT. The calculated deposit amount, equivalent to 3 months of rent, is 831 Eur.
Premises inspection is organized from April 23, 2025 to May 7, 2025 on weekdays from 9:00 to 15:00 hours; advance registration is required.
The auction will start on May 13, 2025 at 09:00 and end on May 14, 2025 at 13:59. Registration for the auction takes place from May 7, 2025 to May 8, 2025. The registration fee for a participant is 20 EUR.
If the auction is won successfully, the initial deposit (831 Eur) remains with the lessee as security for fulfilling contract conditions and is refunded upon lease expiration if the tenant fulfilled conditions properly. If the winner refuses to sign the contract on time, this deposit is not refunded. More detailed sample lease agreement conditions can be found in Vilnius City Municipality Council Resolution No. 1-291 (November 6, 2019).
Auction participants must submit various documents, including an activity description, legal certifications, a commitment to fulfill contract conditions, and proof of the paid deposit to AB Luminor banke account.
The initial rent price is established at 277 Eur per month, without VAT. The calculated deposit amount, equivalent to 3 months of rent, is 831 Eur.
Premises inspection is organized from April 23, 2025 to May 7, 2025 on weekdays from 9:00 to 15:00 hours; advance registration is required.
The auction will start on May 13, 2025 at 09:00 and end on May 14, 2025 at 13:59. Registration for the auction takes place from May 7, 2025 to May 8, 2025. The registration fee for a participant is 20 EUR.
If the auction is won successfully, the initial deposit (831 Eur) remains with the lessee as security for fulfilling contract conditions and is refunded upon lease expiration if the tenant fulfilled conditions properly. If the winner refuses to sign the contract on time, this deposit is not refunded. More detailed sample lease agreement conditions can be found in Vilnius City Municipality Council Resolution No. 1-291 (November 6, 2019).
Auction participants must submit various documents, including an activity description, legal certifications, a commitment to fulfill contract conditions, and proof of the paid deposit to AB Luminor banke account.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Konstitucijos pr. 3A
❓ Frequently asked questions
What is the initial monthly rent price at Konstitucijos pr. 3A premises?
The initial rent price is 277 Eur per month, VAT not applicable.
When will the auction for Konstitucijos pr. 3A premises take place?
The auction (rent competition) will run from 2025-05-13 09:00:00 to 2025-05-14 13:59:59.
How much is the initial deposit that a participant must pay?
The initial deposit equals 3 months of rent and totals 831 Eur.
What is the total area and purpose of the premises?
Premises are 35.50 sqm, intended for commercial and/or service activities in the underground passage.
Until when can one register for the rent auction?
Registration for the rent auction ends on May 8, 2025 at 23:59:59.
Is there a scheduled inspection period?
Premises can be inspected on weekdays from April 23, 2025 to May 7, 2025 9-15 hours; registration by phone is required.
What is the registration fee for participating in the auction?
The registration fee for a participant is 20 EUR.