PUBLIC AUCTION

Under instructions received from the Chargee, we shall sell by public auction the under mentioned property on Thursday 20th February 2020 at our offices along Kijabe Street next to Universal Church starting at 10:30 am.

PRIME COMMERCIAL PROPERTY (HOTEL) IN WESTLANDS, NAIROBI

PLOT L.R.NO. 1870/III/499, OFF LOWER KABETE ROAD, WESTLANDS NAIROBI (WESTEND HOTEL). The Hotel is located on Stima Road off Lower Kabete Road in Westlands. The area of the plot is approximately 0.0858ha (0.212 acres) Tenure is Leasehold interest, registered in the name of Westend Hotel Limited. The developments comprises of a seven (7) storey building with in addition basement parking and a guard house. It has four grades of rooms, 1.Standard room – this is a single room with a double or twin beds, with bedside cupboards and chest of drawers, ensuite bathroom with a shower in glazed closet. 2. Superior room- this is a larger version of the standard room with extra furniture with an ensuite bathroom 3. Executive room- this are larger version with an area for upholsted easy chairs and more furniture. 4. Apartment – this is a two bedroom unit each ensuite, a sitting room with a suite of soft furniture, a kitchen, the bedrooms have access to balconies.1st floor to 6th floor has two each of the above rooms the total rooms being 60 in numbers. The basement comprises of 17 parking spaces     and a security office, Ground floor comprises of a conference centre, laundry area, staff dining room, stores and 6 rooms.  Mains water, electricity and sewer are connected to the property.

 

CONDITIONS OF SALE

  1. All the interested purchasers are requested to view the property and verify the details for themselves as these are not warranted by neither the auctioneer nor the Chargees.
  2. A refundable deposit of 500,000/= to be paid at our offices to obtain a bid number. No bidding whatsoever without the said number.
  3. A deposit of 25% of the sale price must be paid in cash or banker’s cheque at the fall of the hammer and balance paid within 90 days to the chargees.
  4. The sale is subject to a reserve price and other requisite consents.
PUBLIC AUCTION
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