Kericho Tea Farm For Sale By Auction Off Kapsoit Sondu Road
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:-
PRIME AGRICULTURAL (23 ACRES TEA FARM) OFF KAPSOIT-SONDU ROAD, KERICHO COUNTY ON THURSDAY THE 31ST DAY OF MARCH 2016 AT 12.00 NOON OUTSIDE THE MAIN POST OFFICE IN KERICHO TOWN All that parcel of land known as TITLE NO. KERICHO/KABIANGA/3707 KAPCHEBET LOCATION KABIANGA DIVISION KERICHO DISTRICT registered in the name of STEPHEN KIPKATAM KENDUIYWA c/o P.O Box 172 Kericho and/or c/o P.O Box 182 Kericho. The property is situated in Kapchebet area, adjoining the Kapchebet Tea Factory, and about 1 km to the west of the murram Kapsoit-Kabianga road, within the expansive Kabianga area, Kericho County. Kapchebet Primary School is 600 metres to the south of the property, while the Kabianga Trading Centre is about 2 kms to the south east. It measures approximately 9.26 hectares (22.88 acres) and is developed with a small water pump house and the rest of the parcel is used for tea plantations and dairy farming. The title is freehold interest and mains electricity is connected, water is pumped from a stream fronting the property while drainage is into septic tanks of external pit latrines.
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 Kshs1million (by way of banker’s cheque) will be mandatory for property No.4, 5,6,7,8 & Kshs 5million for property No.9. 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.