Hotel for Sale with C of O on Governors Road, Ikotun

Hotel for Sale with C of O on Governors Road, Ikotun - 1
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Price Analysis Fair Price

Based on 111 similar listings

Market Demand

High Demand

Details

Address
Governors Road Ikotun Egbeda
Condition
Fairly Used
Furnishing
Semi-Furnished
Property Type
Hotel
Square meters
1,300 sqm

Hotel for Sale with C of O on Governors Road, Ikotun Highlights

  • Prime Commercial Location: Properties in commercial zones often benefit from high foot traffic and visibility, attracting a wider customer base. Proximity to transport links and other businesses can enhance accessibility and convenience.
  • Versatile Property Layout: Hotels typically feature a mix of private rooms, common areas, and service spaces. This layout can be adapted for various commercial uses, offering flexibility for different business models.
  • Potential for Renovation: Semi-furnished properties offer a balance, providing some basic fixtures while allowing for customization. Buyers can update or reconfigure spaces to suit specific operational needs and modern standards.
  • Infrastructure Considerations: Commercial properties require reliable access to utilities like water and electricity to support operations. Adequate power supply is crucial for lighting, equipment, and climate control systems.
  • Security Features: Commercial buildings often incorporate security measures such as controlled access points and surveillance systems. These are essential for protecting assets and ensuring the safety of occupants.

Description

• Hotel situated on two plots of land with direct frontage on a major road. • Property includes a Certificate of Occupancy (C of O). • Located in the commercial hub of Governors Road, Ikotun Egbeda. • Total land area approximately 1300 square meters. • Hotel is semi-furnished and in fairly used condition. • Suitable for continued hospitality operations or redevelopment.

Compare

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Hotel for Sale with C of O on Governors Road, Ikotun
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ConditionFairly UsedFairly UsedFairly Used
Property TypeHotelGas PlantFilling Station
FurnishingSemi-FurnishedUnfurnishedSemi-Furnished
AddressGovernors Road Ikotun EgbedaA Pole Off Okpanam Major Road, By Winners ChapelOkpanam bypass
Square meters1,300 sqm2,000 sqm900 sqm
Price₦ 500,000,000₦ 500,000,000₦ 550,000,000