Business For Sale Webuye Ad:257957

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Kenya > Webuye

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KES13,000,000

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Business
For Sale
Webuye
Kenya

Offer
We are offering for sale or long-term lease of a Webuye Junior Academy as a going concern. But we are also open in the sense that whoever wishes to buy or lease that property may not be keen in continuing the school business.

LOCATION

The school id located in Webuye (Bungoma East) just 5 minutes drive along the Eldoret0 Malaba rOad, at the railway fly-over ( Wangamati Area) its like 2 minutes from the main highway along muchi rd to the left of the said fly over.

THE PROPERTY

This comprises of 3 parcels of attached land with 3 different title deeds acquired at different intervals of 0.14 HA. 0.21 HA and 0.40 ha that order. In the name of the Holding company Webuye Kindergarten. There are 2 blocks of buildings that touch on the first two parcels of land. The first block(L-Shaped) completed concrete block building with roof tiles comprising of an office initially meant for a secretary with a door that leads to another office for management. then 2 toilets meant to serve the office, then 3 classrooms that can be used as a hall as well and then toilets for the students. We have a build kitchen facility with 2 boreholes and a water tank. The area has all the services of water and electricity.

The second block is like incomplete storey building that houses form class 1 to 8 with a concrete slab. Its like 20 percent done according to the existing approved plan. The initial 2 parcels of land were and the buildings where last valued by KCB at 11 M in 1997 minus the last parcel.

The School Business
Started in 1994 as a Kindergarten and gradually expanded into a a fully licensed and registered Primary school by the Ministry of education. We have done KCPE 8 consecutive years with 16 pupils registered this year. We have had our share of successes and failure. We have at peak had 297 pupils from 10 when we started in 1994 and today just the class 8 pupils due to issues that can be addressed with a good management. We operated as a day school with transport for the kindergarten section. We at peak turned over 4 Million a year.

OTHER PURPOSE

The facility can be ideal for offices, supermarket, for NGO or construction company that require land and building within the town. May be expanded to a secondary school with boarding facilities or converted into a residential estate.

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