Kisii Town Nyangena Four Storey Building Auction

Kisii Town Nyangena Four Storey Building 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.

ON MONDAY THE 9TH DAY OF JULY 2018 AT 12.00 NOON OUTSIDE THE MAIN POST OFFICE IN KISII TOWN

All that parcel of land known as TITLE NO. CENTRAL KITUTU/DARAJA MBILI/3577 KISII MUNICIPALITY registered in the name of FIRST CHOICE MEGA STORES LTD c/o P.O Box 3257-40200, Kisii. The subject property is situated along Kisii-Rongo Road, opposite Nyangena Hospital, about 3kms from Kisii town centre. It measures approximately 0.05 hectares (0.124 acres) and is developed with a four storeyed building with a lower ground floor, shops on the ground floor and flats on the upper floors. Accommodation comprises: (a) Lower Ground floor:- two (2No.) two-bedroomed flats (b) ground floor:- five (5No) shops, four (4No.) two bedroomed flats (c) 1st to 3rd floor:- each floor has six (6No) two-bedroomed flats and one (1No) one-bedroomed flat. The title is freehold interest and mains water, electricity and sewer 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 Kshs 1 million (by way of banker’s cheque(s) will be mandatory. 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.

FOR MORE AUCTION DETAILS CONTACT GARAM INVESTMENTS AUCTIONEERS

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