Eldoret Royalton Hotel For Sale By Public Auction
Under instructions received from our principals the chargees in exercise of their statutory power of sale we shall sell the under mentioned property by public auction.
ON FRIDAY 1ST APRIL 2016 AT 11.00 AM NEAR THE GENERAL POST OFFICE – ELDORET TOWN ROYALTON HOTEL ON 3.68 ACRES TOUCHING THE MAIN ROAD All that freehold property known as L.R. PIONEER/NGERIA BLOCK 1 (EATEC) 1108, UASIN GISHU COUNTY, comprising a full fredged hotel comprising five related buildings, six cottages and a podium block, the hotel is popularly known as Royalton Hotel, located within Oasis area of Eldoret Municipality at about 8 kilometres south west of Eldoret CBZ along the main highway. The property lies on one’s right along Eldoret-Nakuru highway, measuring 1.49Ha (3.68 acres) approximately and registered in the name of WILLIAM KAMUREN CHIRCHIR CHEPKUT OF P. O. BOX 1698-00100 NAIROBI G/T ROYALTON COMPLEX LIMITED OF P. O. BOX 1148-30100 ELDORET, ACCOMMODTION: 1) LODGING BLOCK 1: It comprises a three storey building with each floor accommodating Similar eight (8) No. self contained lodging rooms. 2) LODGING BLOCK II: i) GROUND FLOOR: Comprises entrance verandah, reception, lounge, cyber room, dinning hall, kitchen, staircase. ii) UPPER FLOOR: Comprises landing, two (2) No, executive units each having living room, kitchen, bedroom, Wc/shower, nine (9) No self -contained lodging rooms with five rooms having access to balcony. The outstanding rates is Kshs.3,540/- and the hotel which is operational is run by the registered owner.
CONDITIONS OF SALE
- All interested purchasers are requested to view the property and verify the details for themselves as the auctioneers or the advocates do not warrant these. 2. A deposit of at least 25 per cent must be paid in CASH OR BANKER’S CHEQUE at the fall of the hammer and the balance to be paid within 30 days to the chargees advocates. 3. Sale is subject to a reserve price, the necessary Land Control Board Consent (if applicable) and such overriding interests as may exist against the property. 4. Interested purchasers are requested to view the properties between 10.00 a.m. and 5.00 p.m. and our Mr. Macharia 0722-732717 will assist the buyers to point out the property subject to prior arrangement. 5. Further details and conditions of sale may be obtained from our offices.
NB: Bidders to pay refundable deposit of Kshs.500,000/- in banker’s cheque to obtain bid Number.