Kericho Town Chelimo Commercial Plot For Sale By Auction – 22nd April 2016
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.
COMMERCIAL (VACANT PLOT) PROPERTY (2.6 ACRES) IN CHELIMO AREA, KERICHO TOWN ON FRIDAY THE 22ND DAY OF APRIL 2016 AT 12.00 NOON OUTSIDE THE MAIN POST OFFICE IN KERICHO TOWN
All that parcel of land known as L.R NO. 631/1380, GRANT I.R 60677 KERICHO DISTRICT registered in the name of GLADYS KOSKEI c/o P.O Box 39107-00100 Nairobi g/t SIMON KIBET CHERUIYOT T/A SUPASPOT TECHNOLOGIES c/o P.O Box 1667-50100 Nairobi. The property is situated approximately 1.5 kms off Kisumu-Nairobi Road, close to the proposed stadium Chelimo Area, Kericho Municipality, Kericho County. The property is approximately 2 kms from the town. It measures approximately 1.050 hectares (2.595 acres) and is undeveloped. The title is leasehold interest for a term of 99 years w.e.f 01.10.1992 at a revisable annual ground rent of Kshs28,000. Mains services are available.
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 chequeat the fall of the hammer. The balance will thereafter be payable within thirty (30) days to the chargee’s advocates. A bidding deposit of Kshs 1million (by way of banker’s cheque) will be mandatory for property No. 2. 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.