Kericho Residential Three Bedroom House For Sale By Auction
Under instructions received from the chargee’s advocates, we shall sell by public auction the under mentioned properties together with buildings and improvements erected therein
PROPERTY 5. PRIME RESIDENTIAL PROPERTY IN KERICHO TOWN ON TUESDAY THE 19TH DAY OF APRIL 2016 AT 12.00 NOON AT UHURU GARDENS OPPOSITE KERICHO LAW COURTS, KERICHO TOWN
All that parcel of land known as L.R NO. KERICHO MUNICIPALITY/BLOCK 2/3 KERICHO TOWN, KERICHO COUNTY registered in the name of MARTIN MAURICE ODHIAMBO OBONYO c/o P.O Box 184- 20200 Kericho g/t EXPRESS GENERAL INSURANCE BROKERS LIMITED c/o P.O Box 184-20200 KERICHO. The property is located on an unnamed murram estate access road, within Mortgage Estate, approximately 50 metres from the tarmac Kericho-Kisumu Highway, and a further 300 metres to the North West of Siloam Hospital, Kericho Town, Kericho County. Kericho town centre is about 1 km to the north east. It measures approximately 0.100 of a hectare (0.247 of an acre) and is developed with a three-bedroomed single storey house, and an external ablution block. The title is leasehold interest for a term of 99 years w.e.f 01.09.1981 at a revisable annual ground rent of Kshs800 and mains services are connected.
CONDITIONS OF SALE
(1). All intending purchasers are requested to view the property and verify the details as these are not warranted by the auctioneers. (2). A deposit of 25% must be paid in cash or banker’s cheque at the fall of the hammer. The balance will thereafter be payable within thirty (30) days to the chargee’s advocates. A bidding deposit of Kshs5million (by way of banker’s cheque) will be mandatory for property No.1 & Kshs 1million for property No. 2 & 4 . Please note that failure to pay the balance by the confirmed purchaser will result in forfeiture of all deposits paid. (3). For all the aforementioned property, details of encumbrances including names addresses e.t.c. together with user and any other restrictions plus rates/rents payable will be made available on request at our offices. (4). Sale of the above property will be subject to reserve prices and land board consent if applicable. (5). Conditions of sale are available on request at our offices and viewing of property is possible during normal working hours by prior arrangements with ourselves.