Nairobi Kariobangi Industrial Six Storey Commercial Building 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 3: SALE ON THURSDAY 23RD FEBRUARY, 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. 12062/956-KARIOBANGI LIGHT INDUSTRIAL AREA, NAIROBI registered in the name of SOLOMON NDIBUI NGECHU ABERDARE STEEL & HARDWARE. It is a leasehold interest for a term of 99 years w.e.f 1/1/1968 at a reversible ground rent of Kshs. 400 and situated along Komarock road off outering road near the Juja road and Outering road roundabout in Kariobangi Light Industrial Area, Nairobi City County.
The property is easily identifiable on the ground as Aberdare Steel and Hardware Limited. Bridge house, Supa Loaf Bakery and Trade Center are in the neighborhood. It extends to 0.0182Ha.The plot is zoned for commercial purposes and developed thereon is a six storey commercial building with a basement floor. Accommodation consist of a ramp down, open plan storage area and basement storage on the basement; loading zone, passageway, three cloak rooms each with a W.C, common W.H.B., two offices. open plan storage area, stair case to landing on the ground floor; passage way reception, manager office, kitchen with food cabinet and a stainless steel sink unit; cloak room,1 office, open plan storage area, three W.Cs and common W.H.B. in the first floor, passage leading to front and rear verandah, six offices, three W.Cs, common W.H.B. and stair case to landing in the second, third and fourth floors. The fifth floor has an open plan meeting hall in the southern wing and open plan store area and tank room in the northern wing. Mains electricity and water are connected. Drainage is to a public sewer 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, Kshs. 300,000.00 for property No. 5, Kshs. 100,000.00 for property No. 4, 6 and 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 60 days for the Properties to the chargees.
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