Muranga Kandundu Prime Three Storey Commercial Building Auction
Duly instructed by our PRINCIPALS, on behalf of 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:-
ON TUESDAY 10TH MAY 2016, AT MURANG’A TOWN, OUTSIDE THE MAIN POST OFFICE – STARTING AT 11.00 A.M. PRIME COMMERCIAL PROPERTY FOR SALE BY PUBLIC AUCTION LOCATED KANDUNDU ESTATE, MURANG’A COUNTY
All that parcel of land known as LOC 11/MARAGI/2014, KANDUNDU ESTATE, MURANG’A COUNTY. The property is situated along Murang’a Town – Railway Station Road in Kandundu Estate, Murang’a County. It is due South East of Murang’a Town and can be identified on the ground as part of Pioneer International University. THE PLOT MEASURES APPROXIMATELY NOUGHT DECIMAL NOUGHT SIX (0.06 HA) HECTARES i.e. 0.1483 ON AN ACRE OR THEREABOUTS. Tenure of the title is a Freehold Interest registered in the name of JAMES KABIRU NDIRITU G/T THE TREE TOPS ACADEMY LTD. IMPROVEMENTS: Erected thereon is A THREE STOREY ADMINISTRATION BLOCK AND A DOUBLE STOREY STAFF TOILETS/SPORTS HOUSE. SERVICES: Main water and electricity are connected to the property from the mains. Foul water drainage is into septic tanks. Immediate access road is murram/earth surfaced which is 500m away from the tarmac surfaced Murang’a – Sagana Road. USER: Educational (Primary School).
CONDITIONS OF SALE
- All interested purchasers are requested to view the property and verify the details, as these are not warranted by the Auctioneer or our client. SALE WILL BE “ON – AS –IS– WHERE – IS – BASIS”. 2. Interested bidders are required to pay a refundable deposit of Kshs.100,000.00 in favour of LEAKEY’S AUCTIONEERS to obtain a bidding number and catalogue at the auctioneer’s offices, before the auction date. 3. The declared purchaser 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 Chargee’s Advocates. 4. The sale of the above property will be subject to a reserve price and necessary consents. 5. The auctioneer reserves the right to reject any bid without explanation. 6. 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.