Thika Kahawa Sukari Prime Residential Bungalow 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 5: PRIME RESIDENTIAL PROPERTY IN KAHAWA SUKARI ESTATE ON TUESDAY THE 17TH DAY OF MAY 2016 AT 11.00 A.M AT OUR OFFICES LOCATED ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI
All that parcel of land known as TITLE NO. RUIRU/KIU BLOCK 3/1185 2ND SOUTH AVENUE OFF KIU RIVER ROAD KAHAWA SUKARI ESTATE THIKA DISTRICT KIAMBU COUNTY registered in the name of GITIMU JAMES GATHU & CATHERINE WANGECHI GITIMU g/t EXPRESS PIONEER SUPERMARKETS LIMITED c/o P.O Box 1017-00618 Nairobi. The property is situated along 2nd South Avenue approximately 450 metres off Kahawa Sukari Avenue, approximately 2.8 kms off Thika Superhighway in Kahawa Sukari Estate, Thika District, Kiambu County. Kahawa Sukari Shopping Centre, A.C.K church and Deliverance Church Kahawa Sukari are in the immediate neighbourhood. It measures approximately 0.0896 hectares (0.2214 acres) and is developed with a residential bungalow and an ablution block. The title is leasehold interest for a term of 99 years w.e.f 16.06.1995 at a revisable annual ground rent of Kshs700. Mains services are connected.
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 chequeat 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’s. 1,3&6 while for property no 2 it will be kshs 5 million .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