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Pre-school In Rivonia Area For Sale

Rivonia Area, Gauteng, South Africa, ID 221798

Pre-school In Rivonia Area For Sale 1
Pre-school In Rivonia Area For Sale 1
Asking price:
ZARR1 700 000
Owner
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Description

This established pre-school is one of the few early childhood institutions that has been granted full educational rights. Most pre-schools operate under consent use approval, however this institution has taken the additional step of securing formal educational rights through a more comprehensive application process.The school has a licensed capacity for 60 children and currently accommodates 22 learners, with new applications being received on a daily basis. The owner follows a selective enrolment approach and prefers maintaining smaller class sizes in order to ensure individual attention and a high-quality learning environment.The school operates from leased premises, and the property owner may be approached regarding the potential sale of the property in the future. The asking price for the school and all associated assets is R1.7 million.The current owner is planning retirement and intends to begin a new chapter in life.

Details

Real Estate: Lease
Equipment cost: 80 000
Employees (ppl): 4
Reason for selling: Retirement
Square m2: 1200
Asking price: 1 700 000 zar
Rent (per year): 239 000 zar

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