Tharaka Nithi Igoki Kibugua Agricultural Property Auction
Under instructions received from the chargee’s advocates, we shall sell by public auction the under mentioned properties together with buildings and improvements erected therein.
PROPERTY NO 8: PRIME AGRICULTURAL CUM RESIDENTIAL PROPERTY IN IGOKI AREA, THARAKA NITHI COUNTY
ON THURSDAY THE 26TH DAY OF JANUARY 2017 AT 12.00 NOON OUTSIDE THE MAIN POST OFFICE IN CHUKA TOWN
All that parcel of land known as L.R NO. MAGUMONI/THUITA/2942, KIBUGUA-IGOKI AREA, THARAKA NITHI COUNTY registered in the name of ELIJAH PATRICK MURIITHI c/o P.O Box 2251-60100 Embu. The property is in Kibugua-Igoki Area, Tharaka Nithi County. It is situated approximately 500 metres off and to the right of Kibuga-Makuuni-Itongoruru murram surfaced road, deviating at Magumoni Girls Secondary School, about 900 metres to the South East of Kibugua Trading Centre, 2 km off and to the right of Embu-Chuka-Meru tarmac Road, deviating at Kibugua Stage/Mukuuni Boy’s High School sign post, about 7 km to the South West of Chuka Town. It measures approximately 0.203 hectares (0.501acres). Approximately 0.10 acre upper part of the parcel is developed with a bungalow with a basement floor and an attached garage, masonry water tank and a metal framework structure supporting a plastic water tank. The rest of the plot about 0.40 acre lower part is utilized for farming currently under banana stools, maize and sugarcane crops, nappier grass, mango fruit trees and scattered gravellia trees. The title is freehold interest. Mains electricity and piped water services are connected into the subject property while drainage is into a septic tank.
CONDITIONS OF SALE
(1). All intending purchasers are requested to view the property and verify the details as these are not warranted by the auctioneers. (2). A deposit of 25% must be paid in cash or banker’s cheque at the fall of the hammer. The balance will thereafter be payable within thirty (30) days to the chargee’s advocates. A bidding deposit of Kshs 1million (by way of banker’s cheque) will be mandatory for property No. 1 & Kshs 5million for property No. 2. Please note that failure to pay the balance by the confirmed purchaser will result in forfeiture of all deposits paid (3). For all the aforementioned property, details of encumbrances including names addresses e.t.c. together with user and any other restrictions plus rates/rents payable will be made available on request at our offices. (4). Sale of the above property will be subject to reserve prices and land board consent if applicable. (5).Conditions of sale are available on request at our offices and viewing of property is possible during normal working hours by prior arrangements with ourselves. For hundreds of other properties, log on to www.garam.co.ke
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