Childcare - Business and Property

Hastings

$870,000

Proposed Usage
Services
Description:
Property ID
1btfyl9

This childcare business has been servicing the local Hawkes Bay community for a number of years. The service is based on the Montessori philosophy which has been well supported within the community with occupancy in excess of 90%.

The service offers scope for future development with the 1200 sq metre site (subject to consents). This opportunity will appeal to a range of buyers, from first time owners to those wanting to add to an existing portfolio.

An experienced team of educators are in place offering a new owner the option to take on an administration role or be more involved on a daily basis.

The business may be sold separate from the property with a commercial lease to be agreed between the business and property purchaser.

Business $470,000

Property $400,000 (7% Return on Investment)

Total $870,000 .

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