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Delightful Preschool With Property Located In The Highveld/Centurion Area For Sale

Centurion, Gauteng, South Africa
Asking Price:
R1,650,000 Furniture / Fixtures included
Sales Revenue:
R100K - R500K
Cash Flow:
Under R100K

This delightful preschool is located in a suburb of Centurion in a well-established and upmarket neighbourhood. The property and premises (measuring 800m² with 300m² under cover) is in pristine condition with sufficient street parking for parents.
The school was established in 2019 and has consent use for 40 children. There are currently 40 children at the school and there is ample space to accommodate more children. Asking Price: R1 650 000,00 for the business operation.

The property measures 800m2 and the premises are double storey. It is located in a residential suburb of Centurion at the end of a Cul-de-Sac. The seller is asking a rental of R35,000.00 per month and is prepared to enter into lease agreement for 5 years with an escalation of 8% per annun and with a first option to buy the property.

Property Information

Real Estate:

Real Property Included

Location:

In an upmarket suburb of Centurion

Premises Details:

A double storey building on 800m2.

Size in square feet:
800 square meters
Planning Consent:

yes

Business Operation

Expansion Potential:

The business yes - property no - unless the premises next door are acquired

Competition / Market:

Yes

Reasons for selling:

Seller would like to retire to the coast.

Trading hours:

06h00 to 17h30

Employees:
9
Years established:
2019

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R1,000,000 - included in the asking price