Nandi County Sugar Plantation For Sale By Public 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 1. SALE ON FRIDAY 1ST APRIL 2016 AS FROM 11:00A.M OUTSIDE CHEMASE POST OFICE. All that property known as LR. NO.NANDI/CHEMASE/367 in the name of DAUDI KIBITOK TIONYI. It is a freehold interest measuring 4.4Ha or 10.872Acres and situated within Nandi County, Kiptiongin village, Chemase location. The property is partly cultivated with sugar cane plantation. No mains services are connected to the property. The property is improved with temporary structures
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. 100,000.00 for Property No. 1,Kshs. 500,000.00 for EACH Property in No. 2 and Kshs. 1,000,000.00 for Property No. 3 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 Property No. 3 and 30 days for Property No. 1 & 2 to the chargees.