📝 Description
A 552.44 sqm administrative building, constructed in 1988 with 100% completion, is for sale via a repeated auction. The property is located in Nemunėlio Radviliškis town, Biržų g. 3, within the esantis Biržų rajono savivaldybė. The starting price is 14200 EUR for the entire 1/1 share of the building, sold via an electronic auction.
This building sits on a 0.1096 ha state-owned land plot with a lease agreement valid until 2102-09-09. The state land lease fee paid for 2024 was 13.92 Eur. The building is equipped with 5 kW of electrical capacity designated for administrative use.
Crucially, the buyer must be aware that parts of the premises are currently leased to a foreign company: a 18 sqm room (labeled No. 11) and a 2.45 sqm portion of room No. 10. This existing lease remains active until 2033-10-14. Therefore, the building is sold with sitting tenants, and the purchaser assumes the lease terms, meaning full possession cannot be taken immediately.
Auction winners (Buyers) are responsible for all agreement execution costs, including notary fees. The contract signing will take place at a notary office chosen by the Seller in Vilnius. The Seller disclaims responsibility for adapting the property to the Buyer's intentions, visions, or potential reconstructions. Bidders must assess the property's condition, legal status, and any possible restrictions or easements before the auction date.
The required deposit for auction participation is 1000 EUR. The auction runs from 2025 m. spalio 20 d. 09:00:00 val. until 2025 m. spalio 21 d. 13:59:59 val. Registration closes on 2025 m. spalio 15 d. 23:59:59 val. Failure by the Buyer to sign the contract on time results in the forfeiture of the deposit, and the Buyer may be liable for covering the costs of a new auction and any resulting price difference.
Property viewings are arranged only by prior appointment with the organizer.
This building sits on a 0.1096 ha state-owned land plot with a lease agreement valid until 2102-09-09. The state land lease fee paid for 2024 was 13.92 Eur. The building is equipped with 5 kW of electrical capacity designated for administrative use.
Crucially, the buyer must be aware that parts of the premises are currently leased to a foreign company: a 18 sqm room (labeled No. 11) and a 2.45 sqm portion of room No. 10. This existing lease remains active until 2033-10-14. Therefore, the building is sold with sitting tenants, and the purchaser assumes the lease terms, meaning full possession cannot be taken immediately.
Auction winners (Buyers) are responsible for all agreement execution costs, including notary fees. The contract signing will take place at a notary office chosen by the Seller in Vilnius. The Seller disclaims responsibility for adapting the property to the Buyer's intentions, visions, or potential reconstructions. Bidders must assess the property's condition, legal status, and any possible restrictions or easements before the auction date.
The required deposit for auction participation is 1000 EUR. The auction runs from 2025 m. spalio 20 d. 09:00:00 val. until 2025 m. spalio 21 d. 13:59:59 val. Registration closes on 2025 m. spalio 15 d. 23:59:59 val. Failure by the Buyer to sign the contract on time results in the forfeiture of the deposit, and the Buyer may be liable for covering the costs of a new auction and any resulting price difference.
Property viewings are arranged only by prior appointment with the organizer.
📍 Location
📍 Biržų r. sav. Nemunėlio Radviliškio mstl. Biržų g. 3
❓ Frequently asked questions
What is the starting sale price for the administrative building in Nemunėlio Radviliškis?
The starting price for the building is 14200 EUR.
When is the repeated auction for this building taking place?
The auction starts on 2025 m. spalio 20 d. 09:00:00 val. and ends on 2025 m. spalio 21 d. 13:59:59 val.
What is the required participant deposit?
The mandatory deposit for auction participation is 1000 EUR.
What are the main restrictions or conditions for acquiring this asset?
A portion of the building (18 sqm and 2.45 sqm) is leased until 2033-10-14. The Buyer also assumes the terms of the state land lease agreement, valid until 2102-09-09. The Buyer pays for agreement execution costs.
What is the registration deadline for the auction?
Registration for the auction closes on 2025 m. spalio 15 d. 23:59:59 val.
What is the area and unique number of the administrative building being sold?
The building area is 552.44 sqm, and its unique number is 3698-8013-5018.