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Private School In Alberton For Sale

Alberton, Gauteng, South Africa
Asking Price:
R45,000,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

• The primary school (Grade 1-7) was established in 1970 and currently has 238 students. The maximum capacity of the primary school is around 500 students with some improvements / extensions required. Plans for the afore mentioned improvements / extensions have already been approved by council.

• The high school was established in 2008 and currently has 136 students. The maximum capacity of the high school is also 500 students with some improvements / extensions required. Building plans for these improvements / extensions have also been approved by council

Property Information

Real Estate:

Real Property Included

Location:

Alberton

Premises Details:

The primary school’s property measures 2730m² with 1217m² under roof.
The high school’s property measures 3534m² with 936m² under roof.

Size in square feet:
6264 sq meters
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes - but can't compare

Reasons for selling:

The sellers wouldlike to retire as they ared both in their 60's

Trading hours:

07h00 to 16h00

Employees:
30
Years established:
A number of years ago

Other Information

Support & training:

Yes - to be negotiated with the seller

Furniture / Fixtures value:
R600,000 - included in the asking price
Inventory / Stock value:
R150,000