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 NOS. TITLE NO. NAIROBI BLOCK/92/221 – SPRING VALLEY ESTATE – NAIROBI COUNTY.
SITUATION: The property is located at the junction of Lower Kabete Road and Westlands/Redhill Link Road to the North. It also fronts Spring Valley Road where it is provided with the access a few metres from the Link Road Overpass within Spring Valley Estate, Nairobi County.
TENURE: The property is held as a leasehold interest for a term of 999 years with effect from 1st January 1998 at a revisable annual rent of Kshs. 5,400/=.
AREA: The property extends to 1.391 of a hectare or thereabouts.
IMPROVEMENTS: THE PROPERTY IS VACANT.
SERVICES: Mains electricity, water and sewer are available for connection. The property fronts the tarmacked Lower Kabete Road to the South, tarmacked Spring Valley Road to the North and Westlands /Redhill Link Road to the East.