Hashi Energy Limited, currently under liquidation, has announced the sale of its extensive portfolio of properties and assets.
The liquidator has invited competitive bids for a range of prime real estate holdings and industrial assets, generating considerable interest among potential investors.
The properties on offer include valuable industrial and commercial land in key locations such as Mombasa, Kisumu, and Nairobi, as well as movable assets including a gas cylinder revalidation plant and a fleet of prime movers. The assets are being sold on an “as is” basis, with all transactions to be conducted in US dollars.
One of the most notable properties up for sale is a 3-acre plot in Changamwe, Mombasa County (LR No. 9695/3). This leasehold property, with a tenure of 60 years from December 1, 2009, boasts significant improvements including a modern cold storage warehouse (29,700 sq ft), a maintenance warehouse (3,600 sq ft), administrative offices, and a staff canteen. The site is further enhanced by a robust perimeter wall stretching 400 meters.
Another key asset in Mombasa is a 1.447-acre plot (LR No. 9695/51) with an LPG handling facility featuring eight cylindrical tanks. This property, leased for 58 years from January 1, 1997, is securely bounded by a 2.5-meter-high wall, ensuring its suitability for industrial use.
In Kisumu, 26 vacant industrial plots ranging from 0.075 to 0.128 acres are available in the municipality’s industrial area. These plots, all equipped with essential utilities such as water, electricity, and sewer connections, are under a 99-year lease starting from April 1, 1990. Additionally, in the upscale Milimani area, two plots (LR 12/383 and LR 12/384) are being offered. LR 12/384 is particularly notable for its development with a 3-bedroom bungalow and detached servant quarters.
Nairobi’s industrial area also features prominently in the sale. Two adjacent plots on Nanyuki Road (LR 209/4050 and LR 209/4051) are available. These plots, leased for 67.5 years from July 1, 1980, include office buildings, warehouses, and specialized facilities like an LPG shed and a gas cylinder revalidation plant.
The liquidator is also selling a fleet of 31 prime movers, primarily located in Mombasa with additional units in Eldoret and Nairobi. These assets, specifically SITRAK models from SinoTruk, are expected to attract logistics and transport companies seeking to expand their operations.
According to the notice, “Bidders must demonstrate the ability to make full payment within the specified timelines.” The sale process includes a non-refundable 15% down payment upon signing the sale agreement, with the balance due within 60 days.
