Kitale Kibomet Institutional Property For Sale By Public Auction

Kitale Kibomet Institutional Property For Sale By Public 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:-

PRIME INSTITUTIONAL (11 ACRES) PROPERTY IN KIBOMET AREA, KITALE MUNICIPALITY ON FRIDAY THE 1ST DAY OF APRIL 2016 AT 12.00 NOON OUTSIDE THE MAIN POST OFFICE IN KITALE TOWN All that parcel of land known as L.R NO. 2116/1050 (I.R NO. 52527) KIBOMET AREA KITALE MUNICIPALITY TRANS-NZOIA COUNTY registered in the name of EDNA CHERONO W/O AMOS KIPKIRUI ARAP BORE c/o P.O Box 175-30200 Nairobi g/t PAMPA CHURRASCARIA LIMITED c/o P.O Box 303-00502 Nairobi. The property is situated along Kitale-cheranganyi road approximately 200 metres to the east of Kitale- Kapenguria junction approximately 2.3 kms to the east of Kitale township in Kibomet area of Kitale Municipality in Trans-Nzoia County. The property was formerly operated as a school. Aturukan Hotel, Kitale Forest Primary School, Jesus Power Ministries and Seed of Hope Education Centre are in the neighborhood. It measures approximately 4.345 hectares (10.74 acres) and is developed with (i) an administration block- accommodation comprises: ground floor:- reception, reception lounge, library, two (2) library offices, computer lab, ten (10) cloakrooms, kitchen, two (2) stores first floor: common lounge, computer lab, kitchen, nine (9) offices, four (4) cloakrooms, a lecture hall, ablution block having ladies & gents cloakrooms (approx. plinth area 16,992 sq ft) (ii) Hostel Block- ground floor: common lounge, matron’s room en suite with a cloakroom, two (2) caretakers offices, twenty two (22) rooms, fourteen (14) cloakrooms, two (2) shower rooms, staircase to landing first floor: twenty two (22) rooms, two (2) shower rooms, fifteen (15) cloakrooms (approx. plinth area 16,956 sq. ft) (iii) Multi-Purpose Hall- four (4) open plan halls, two (2) stores (approx. plinth area 5,265 sq ft) (iv) Boys Dormitory- One (1) open plan hall (approx. plinth area 1,914 sq ft) (v) Teachers Quarters-three (3) rooms, two (2) one-bedroomed units (vi) Senior Teachers Block-two (2) one-bedroomed units (vii) Nursery School Block- four (4No.) classrooms (approx. plinth area 2,574 sq. ft) (viii) Security House-three (3) rooms (ix) Seven (7 No.) Ablution blocks. The title is leasehold interest for a term of 99 years w.e.f 01.04.1990 at an annual revisable ground rent of Kshs34,000 and mains services are connected. A 100,000 litres concrete water storage tank is provided within the compound to supplement water supply.

NB: A bidding deposit of Kshs5million (by way of banker’s cheque) will be mandatory.

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.

CONTACT AUCTIONEER HERE

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