Mombasa Shelley Beach Front Two Bedroom Apartments Auctions
Under instructions from our principals, the chargees, in exercise of their statutory power of sale, we shall sell by Public Auction the under mentioned properties and all the improvements erected thereon.
PROPERTY NO 1: SALE ON TUESDAY 6TH DECEMBER, 2016 AS FROM 11:00A.M IN OUR OFFICES AT ASHA TRUST BUILDING, 2ND FLOOR, MERU ROAD MOMBASA.
All that property known as LR NO. MOMBASA/BLOCK 1/MAINLAND SOUTH/349 APARTMENT BLOCK NO.S B1 & B4 registered in the names of RELIABLE ELECTRICALS LIMITED. It is a leasehold interest for a residue term of 999years w.e.f 1/01/2000 and measures 0.2677Ha or 0.661Acres.The property is a beach front property situated some 5 Kilometers from Likoni Ferry and is along a non-tarmac and un covered access road off the main Likoni Shelly Beach road. Developed thereon are two blocks within a complex flats on the beach front at Shelley Beach. The estate comprises 5 separate buildings consisting of flats with ancillary facilities in each building, servants quarters & swimming pool. The subject units are 6 – 2 bedroomed apartments that form part of block B1 & B4.The blocks are identical in construction and extends to three flats per blocks. There is a lockable gate to the beach and to the side of the gate are staff and servant quarters. Mains electricity and water services are connected. Drainage is via septic tank.
CONDITIONS OF SALE
- All interested bidders are requested to view the properties and verify the details for Themselves as the auctioneers or the chargees do not warrant these. 2. Interested bidders must deposit Kshs. 1,000,000.00 for property No. 1, 2, 3 & 7, Kshs. 500,000.00 for property No. 5, Kshs. 200,000.00 for property No. 4 and Kshs. 50,000.00 for property No. 6 in CASH OR BANKERS CHEQUE with the auctioneer before being allowed to bid. 3. Sale is subject to a reserve price, and the auctioneer reserves the right to reject any bid without giving any reasons for doing so. 4. Interested bidders are requested to view the properties between 10.00 am and 5.00pm and our office will assist the bidders to point out the properties subject to prior arrangement. 5. 25% of the purchase price must be paid to the auctioneer at the fall of the hammer and the balance be paid in 60 days to the chargees.
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