The property described below will be offered for sale by The Registrar of The Supreme Court by public auction at The Judicial and Legal Complex, East Independence Square, Basseterre, St Kitts on Thursday 22nd day of November 2012 at 2:30 o’clock in the afternoon.

The successful bidder will be required to pay at the time of sale a deposit of one fourth of his accepted bid and the balance within one month from the day of sale.

Possession of the property will be given to the purchaser on payment of the deposit.

Any taxes due on the said property must be paid by the Purchaser.

The purchaser will, after payment in full of the purchase price, obtain from the High Court of Justice, a Certificate of Title to the property.

The Property will be available for inspection prior to the date of sale by appointment with the Registrar of the Supreme Court.

DESCRIPTION OF PROPERTY

ALL THAT lot of land or parcel of land known as Lot No. DA/19(D)2  of Frigate Bay Development situated in the Parish of St Peter in the Island of Saint Christopher and bounded and measuring as follows, that is to say:- On the East by the Frigate Bay Golf Course, 132.2 feet; On the West be Proposed Road, 90.1 feet and 20.5 feet; On the North by Lot No. 1, 99.8 feet; and On the South by Lot No. 3, 148.4 feet; and containing by admeasurement 14,529 square feet.

UPSET PRICE

The upset price for the above land shall be EC$2,888,672.00