Kericho Town Prime Commercial Property Auction

Kericho Town Prime Commercial Property Auction

Duly instructed by our PRINCIPALS, THE CHARGEE, in exercise of their statutory power of sale, in realization of security, we shall sell the under mentioned property together with all the improvements erected thereon by public auction on:- FRIDAY 8TH JULY 2016, AT KERICHO TOWN, OUTSIDE THE GENERAL POST OFFICE – STARTING AT 11.00 A.M.

PRIME COMMERCIAL PROPERTY FOR SALE BY PUBLIC AUCTION LOCATED WITHIN KERICHO TOWN – KERICHO COUNTY

All that parcel of land known TITLE NO. KERICHO MUNICIPALITY BLOCK 5/591, KERICHO TOWN, KERICHO COUNTY. The property is located within Kericho Town, Kericho Municipality, South-West of Kericho Technical Institute and North-West of Kericho Bus Stage. The route of access from main Kericho-Nakuru road is via the tarmac road heading to Kericho Township/Nyagacho; turn left onto the murram at K.I.E. and proceed for about 70 meters to access the subject property on your right hand side. THE AREA 0.0837 HECTARES OR 0.2068 OF AN ACRE APPROXIMATELY with all improvements thereon. Tenure of the title is LEASEHOLD INTEREST (Absolute Proprietorship) for a period of 99 years with effect from 1/9/1993 and is registered in the name of PETER KIPLANGAT RONO as the sole proprietor and G/T SAMUEL KIPRONO SANG. DEVELOPMENTS: As at the time of inspection, the plot was developed with: – i) A THREE STOREY GUEST HOUSE BLOCK. ii) 4 PERMANENT RESIDENTIAL BLOCKS. iii) 4 SEMIPERMANENT RESIDENTIAL BLOCKS. SERVICES: Main services electricity, water and sewer is connected to the property. The immediate access road is tarmac.

CONDITIONS OF SALE

  1. All interested purchasers are requested to view the property and verify the details, as these are not warranted by the Auctioneer or our clients as SALE WILL BE “ON – AS –IS – WHERE – IS – BASIS”. 2. Interested bidders are required to pay a refundable deposit of Kshs. 100,000.00 to obtain a bidding number and catalogue at the auctioneer’s offices, before the auction date. 3. The declared purchasers MUST deposit 25% of the purchase price by bankers’ cheque by close of business of auction day. The balance will thereafter be payable within thirty (30) days to the Chargees. 4. Sale is subject to reserve prices and necessary consent. 5. Further details and conditions of sale are available on request at our offices and viewing of the property can be done during normal working hours by prior arrangements with ourselves.

FOR MORE AUCTION DETAILS CONTACT LEAKEYS AUCTIONEERS KENYA HERE

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