There is a well positioned private school in Bryanston on 2 adjacent and connected properties measuring 4164m² which can accommodate 200 to 220 learners. The school caters for children from 12 months old to Grade 7 and currently has 87 kids. Unfortunately, this school has been affected by the Covid 19 pandemic but is now on the recovery path.
The 2 properties between them have 20 classrooms and/or learning spaces, extensive ablution facilities, sick bays, staff rooms and a number of kitchens as well as admin offices and playgrounds.
The properties school buildings and all its assets and other equipment is all part of the asking price of R16 million. The seller is prepared to consider the following options:
- First prize for the seller is for the pre-and primary school and the two properties to be sold as one transaction. Here the seller is open to negotiation on the asking price.
- Option 2 is to sell the business only with the buyer renting the property from the seller with an option to buy.
- Option 3 is to lease out the business as a passive income generator and to buy the property.
- The seller has no problem entering into a partnership with a potential buyer.