Nairobi County Kasarani Mwiki Commercial Property Auction

Nairobi County Kasarani Mwiki Commercial Property Auction

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 4: SALE ON WEDNESDAY 1ST MARCH, 2017 AS FROM 11:00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILESELASIE AVENUE NAIROBI.

All that property known as TITLE NO. NAIROBI/BLOCK 144/25 registered in the names of PAUL GACHUNGA THIMBA. It is a leasehold interest for a term of 99years w.e.f 1/01/2000 and is situated along Kasarani-Mwiki road within Mwiki Shopping Center in the larger Kasarani area, Nairobi County about 100Meters to Formula Filling Station, Mwiki.

The plot measures 0.0278Hs or 0.0687Acres and is developed with a permanent building of shops and residential units whose accommodation consist of 2no. Shops, 2 no. double rooms and 1 no. single room. There are also semi-permanent structures. Mains electricity and piped water services are connected to the property.

CONDITIONS OF SALE

  1. 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 EACH property in No. 1, Kshs. 1,000,000.00 for property No. 2, 3 & 4, Kshs. 500,000.00 for property No. 5 & 6 and Kshs. 200,000.00 for property No. 7 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 to be paid in 30 days for Property No.1, 60 days for Property No. 2, 3 & 6 and 90days for Property No. 4, 5 & 7 to the chargees.

FOR MORE AUCTION DETAILS CONTACT KEYSIAN AUCTIONEERS HERE

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