📝 Description
For sale: a 1052/10000 share of non-residential basement premises. This space is 2.91 sqm out of a total of 27.69 sqm, located on the basement floor of a two-story masonry building at Polocko g. 11, Vilnius. Unique number: 4400-1276-5358:2908. The building is not separately listed in the Register of Cultural Values. However, the property is located within the archaeological site of Vilnius Old Town and Suburbs (Cultural Heritage Register code 25504) and the territory of the state-protected immovable cultural value—Vilnius Old Town (Cultural Heritage Register code 16073). Use, maintenance, construction (repair, reconstruction) work in this territory is regulated by relevant legal acts, which must be observed. The premises are sold in their current condition. There are no outstanding debts for electricity supply to the object. Savivaldybė neįsipareigoja užtikrinti the continuity of electricity supply at any given moment or the technical soundness of the internal electrical network; temporary supply restrictions might occur. The buyer is responsible for solving all issues related to the repair or modernization of internal electrical networks at their own expense and risk.
📍 Location
📍 Vilniaus m. sav. Vilniaus m. Polocko g. 11
❓ Frequently asked questions
When is the auction and what is the starting price?
The auction runs from 2025-11-24 09:00 until 2025-11-25 13:59:59. The starting price is 1746 EUR.
What are the registration dates and fees?
Registration takes place from 2025-11-17 00:00 until 2025-11-19 23:59:59. The guarantee fee is 174 EUR, and the registration fee is 70 EUR. Payments are made to the account of Vilniaus miesto savivaldybės administracija: LT63 7044 0600 0123 5132 (at AB SEB bankas).
When and how can the property be inspected?
Inspections are scheduled for 2025-11-05 08:00 and 2025-11-12 08:00. It is essential to schedule the viewing time in advance by coordinating with the responsible employee of the Municipality Administration (contacts omitted from the document).
What are the specifics of the property being sold (address, share, area, unique no.)?
A 1052/10000 share of basement premises is for sale, being 2.91 sqm out of a total of 27.69 sqm; the address is Polocko g. 11, Vilnius; the unique number is 4400-1276-5358:2908.
Are there heritage restrictions and what does this mean for the buyer?
The premises are in a territory subject to cultural heritage regulations (KVR codes 25504 and 16073). Any use, maintenance, or construction (repair, reconstruction) work in the territory must comply with the requirements for the protection of immovable cultural heritage; therefore, it is necessary to check the requirements and obtain permits before starting any repairs.
What are the terms of sale and liability regarding electrical networks?
The premises are sold in their existing condition. There are no debts for electricity supply, but the municipality does not guarantee uninterrupted electricity supply or the condition of the internal networks. The buyer resolves all issues related to the repair, supply, and modernization of internal electrical networks at their own expense and risk.
How quickly must the contract be signed and the price paid?
The immovable property purchase and sale agreement must be concluded within 30 days from the date the auction is held, and the full price must be paid no later than 10 days after signing the contract.