Duly instructed by our PRINCIPALS, THE CHARGEE AND THE CHARGEE’S ADVOCATES. Pursuant to the Statutory Provisions; under which seizure/repossessed* and sale is authorized: Under Section 96 of the Land Act, 2012, Section 90 (3) (e) and 96 (1) of the Land Act, 2012, Under Section 96 of the Land Act No. 6 of 2012 and in conformity with the Auctioneers Act & Rules more specifically Rules: 11, 15, 16, 17 and 18 of the said Auctioneers Rules – 1997 together with other applicable Laws of Kenya, your under-mentioned property together with all the improvements erected thereon, will be sold by public auction on:-
TITLE NO. NJORO/ TOWNSHIP BLOCK 1/1282, NJORO TOWN, NAKURU COUNTY.
SITUATION: The subject property is situated within Njoro Township in Nakuru City County. It is along Njoro-Molo Road and approximately 18 kms from Nakuru Town. Notable landmarks within the vicinity of the subject property include Riva Petrol Station, Farmers Inn Njoro, Njoro Girls High School, Shekinah Worldwide Church and Njoro Railway Station.
TENURE: Title is Leasehold Interest for a term of 99 years with effect from 1st October 1995 at a revisable annual rent of Kshs. 1,760/=.
AREA: The property measures 0.0439 Hectares equivalent to 0.1085 of an acre.
IMPROVEMENTS: AS AT THE TIME OF INSPECTION, THE PROPERTY WAS DEVELOPED WITH A DOUBLE-STOREY COMMERCIAL BLOCK AND AN ABLUTION BLOCK.
SERVICES: The immediate access road is the tar surfaced Njoro – Molo Road. Mains electricity and water are connected to the subject property. Drainage is into a pit latrine and septic tank.
USER: Commercial.