Petrol Station Put on Auction as Economy Bites

Fueling at a petrol station in Kenya.
Fueling at a petrol station in Kenya.
Photo
Kenyans.co.ke

An auctioneer has engaged the public with a tempting offer in an attempt to sell a petrol station in Machakos County.

In a notice carried in local dailies on Monday, November 4, Dalali Auctioneers announced that Metro Fuel Mart Petrol Station was up for auction, with biddings set to take place from November 19.

"Under instructions received from the chargee, we shall sell by public auction the undermentioned property at our offices," the notice read in part.

The notice further indicated that the property, which was located 25 kilometres North of Matuu Town, is registered in the name of an individual. Key services like water and electricity were also connected to the station, with the water source being a septic tank.

A fuel pump at a Nairobi petrol station on July 14, 2021.
A Fuel pump at a Nairobi Petrol Station on July 14, 2021.
Photo
EPRA

"The property is along the Matuu-Ekalakala Road within Ekalakala Trading Centre. It is easily identifiable as Metro Fuel Mart," the notice went on.

Interested parties have been urged to visit the site for themselves to ascertain the availability of the petrol station. After viewing, bidders are expected to make a 25% deposit of the sale price.

The auctioneers, however, put a disclaimer that each bidder is required to make a deposit of Ksh 100,000 to obtain a bidding number.

The deposit is refundable in case one is not successful, but the same will be forfeited if one makes a bid and it is confirmed then he fails to pay the required 25% deposit.

It remains uncertain why the petrol station is up for sale although the high cost of running the business coupled with tough economic times could have played a factor.

This latest auction came barely a month after the Energy and Petroleum Regulatory Authority (EPRA) announced that it had closed 14 petrol stations for selling adulterated fuel.

The 14 petrol stations shut down in the crackdown are Safari Oil Service Station in Kamalat, Prijam Filling Station in Naromoru, Tawa Filling Station in Tawa, Lengut Filling Station in Lengut, Re-Fresh Up Energy Filling Station in Talket, Green Field Service Station in Kanamai and Sikhendu Filling Station in Sikhendu.

Others included Chombo Filling Station in Chepkorio, Birgen Filling Station in Mulot, Top Energy Filling Station in Ombeyi Market, Robinson Filling Station in Labuiywo, Murinya Filling Station in Murinya, Murathi Elijah Filling Station in Kipkona and Suntone Service Station in Busia.

Some of the filling stations were found to be selling diesel which was meant for export.

Motorists at a petrol station in Kinoo along Waiyaki Way on January 7, 2023.
Motorists at a petrol station in Kinoo along Waiyaki Way on January 7, 2023.
Kenyans.co.ke