📝 Description
The Vilnius City Municipality announces a lease electronic competition for 120.82 sqm of retail and/or service space, designated P1 and P2, located in the underground passage at Konstitucijos pr. 3A, Vilnius city. This prime location offers excellent conditions for commercial operation in the central part of the city. The lease term is set for five years. While the starting auction price is listed as 0 EUR, the actual starting monthly rent for this competition is 846 Eur. Participants must pay an initial deposit of 2538 EUR, which equals three months' rent and serves as a security deposit for proper contract performance. Registration for the competition runs from 2025-09-23 00:00:00 to 2025-09-24 23:59:59. A key requirement mandate is that participants must agree to the standard lease contract approved by the Vilnius City Municipality Council and submit a reputation assessment form. Property viewings are organized on business days from September 9, 2025, to September 22, 2025, from 9:00:00 to 15:00:00 (advance registration by phone 8 5 211 2251 is required). The auction starts on 2025-09-29 09:00:00 and ends on 2025-09-30 13:59:59. VAT is not applied to the leased property. The registration fee for participants is 20 EUR.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Konstitucijos pr. 3A
❓ Frequently asked questions
When is the auction for the retail space at Konstitucijos pr. 3A scheduled?
The auction begins on 2025-09-29 09:00:00 and concludes on 2025-09-30 13:59:59.
What is the minimum starting monthly rent and the required initial deposit amount?
The starting rent is 846 Eur, and the mandatory initial deposit, equal to 3 months' rent, is 2538 Eur.
What is the size of the retail space being leased in Vilnius?
The leased space is 120.82 sqm, marked with indices P1 and P2, located in the underground passage.
What is the lease term and is VAT applicable?
The lease agreement is concluded for a 5-year term. VAT does not apply to this commercial lease.
When can I inspect the leased premises at Konstitucijos pr. 3A?
You can inspect the premises on business days from September 9, 2025, to September 22, 2025, from 9:00:00 to 15:00:00, after registering in advance.
What is the registration window for the lease competition?
Registration opens on 2025-09-23 00:00:00 and closes on 2025-09-24 23:59:59.
Who is the organizer and what is their code?
The organizer is Organizatorius yra Vilniaus miesto savivaldybės administracija, Company code 188710061.