Sotik Prime Commercial Property Auction – 26th April 2016
Duly instructed by our PRINCIPALS, THE CHARGEES, in exercise of their statutory power of sale, in realization of security, we shall sell the under mentioned properties together with all the improvements erected thereon by public auction on:-
ON TUESDAY 26TH APRIL 2016, AT SOTIK TOWN OUTSIDE THE MAIN POST OFFICE – STARTING AT 11.00 A.M. 1. PRIME COMMERCIAL PROPERTY FOR SALE BY PUBLIC AUCTION SITUATED AT SOTIK TOWN AND 300M OFF THE SOTIK – KISII ROAD
All that parcel of land known KERICHO/CHAMAGEL/4268 SOTIK TOWNSHIP. The property is situated in Sotik Town and 300m off the Sotik-Kisii Road along an access Road that turn off immediately after the Kipsigis Teachers College. The parcel extend by measurement approximately naught decimal one two one (0.121) of a hectare or naught decimal three (0.3) of an acre. Tenure is absolute proprietorship and the property is registered in the name of STEPHEN KIMUTAI SOSINGOT. IMPROVEMENTS: on the plot stands A BLOCK OF FOUR SINGLE ROOMS OF STANDARD COST OF CONSTRUCTION. Immediate access is compacted earth road that branches about 300m from the main tar-surfaced Sotik – Kisii Road. Piped water and electricity are connected to the property Foul Drainage is to a pit latrine. Other social Services and amenities are readily available in Sotik Town
CONDITIONS OF SALE
- All interested purchasers are required to view the properties and verify the details, as these are not warranted by the Auctioneer or our clients. AS SALE WILL BE “ON – AS –IS – WHERE – IS – BASIS”. 2. Interested bidders are required to pay a refundable deposit of KSHS. 100,000.00 FOR EACH PROPERTY to obtain a bidding number and catalogue at the auctioneer’s offices, before the auction date. 3. The declared purchasers 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 Chargees. 4. Sale is subject to reserve prices and necessary consent. 5. Further details and conditions of sale are available on request at our offices and viewing of the properties can be done during normal working hours by prior arrangements with ourselves.