Mixed Use for auction in Boston, Bellville
Web Ref: 1149684
Well established income generating business which includes the land.
Going on Auction: Wednesday 25 May 2022
Reserve Price: R4 500 000.00 (All offers will be reviewed)
Opening Bid: R4 300 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
A well-established turn-key Child Care Center (ECD) WITH real estate. This center has been in business since early 2007 and is registered with the prescribed authorities. It has already achieved well over 65% placements for the capacity registered. The staff complement is all of a great industry standard. The new owner will be able to launch on day one as "business per usual”. It is located opposite Bellville swimming pool, in the middle of child rich neighborhood and very accessible by main roads. Even convenient for parents who must make use of public transport. Besides the great spaces for the children for classwork and play, the bathrooms are child friendly. The property provides ample parking for parents to pick up and drop off little ones with ease and safely. Premises equipped with 21 CCTV cameras. Alternatively, the space offers fantastic opportunities for a shop, dance studio, offices for attorneys or a venue for functions. This is a great opportunity to take on a growing and thriving business. Financial information is available only for bank pre-approved/qualified buyers.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.