Summary

This property is in a great area. The property has easy access to all main arterial routes and shopping centres and businesses in the area. If you wish to grow your portfolio - or just wish to commence in an amazing school-space - then this is the property for you.

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Fully describe the business's activities?

A beautifully set up property in an upmarket northern suburb of Johannesburg. The property is fully renovated to house a school.

How could the profitability of the business be improved?

This property is perfect to house a nursery school and has been purposefully renovated.

When does the current lease end?

The property is housed in a Pty Ltd. The Seller would like to sell this purposely-renovated property at an asking price of R3.8 million. The property is an attractive purposely-renovated building on a quiet street of an upmarket Northern Suburb of Johannesburg. It is close to all main arterial routes and shopping centres.

What are the main assets of the business?

The main assets is the property and typical furniture etc needed for a pre-school and nursery.

Strengths?

The property is situated in a generally wealthy catchment area with excellent primary schools to feed into. As result the area is a favourite with young, professional families.

Weaknesses?

Property sale due to owners having other business interests and not being able to devote time to establish the business.

Opportunities?

The property can be renovated to purpose as a new owners wishes but it is currently renovated to house a pre-primary and nursery school.

Threats?

Normal economic conditions but property ownership tends to be resilient.

What is the reason for the sale?

The property is part of a larger group and the owner is not able to give this the attention it needs with their other interests being on the opposite of Johannesburg.