Key details

Address

Ikeja GRA

Condition

Fairly Used

Furnishing

Furnished

Property Type

Hotel

Square meters

2,000 sqm

Executive Hotel for Sale, Ikeja GRA Highlights

• Prime Location in Ikeja GRA — Located in the Government Reserved Area of Ikeja, this hotel benefits from a prestigious and accessible neighborhood. GRA areas are known for their well-planned infrastructure and proximity to business districts.
• Significant Building Footprint — Spanning 2000 square meters, the property offers substantial space for hotel operations. This includes potential for guest rooms, common areas, and back-of-house facilities.
• Furnished for Immediate Operation — The hotel comes furnished, which can significantly reduce the time and cost associated with setting up operations. This allows for a quicker transition to revenue generation.
• Commercial Property Type — As a hotel, this property is designed for hospitality services. Such commercial real estate typically includes amenities catering to travelers and business guests.
• Potential for Renovation — The 'Fairly Used' condition suggests that while functional, there may be opportunities for modernization or upgrades. This allows for customization to meet current market demands.

Description

• Fully operational 32-room hotel situated on a 2,000 SQM plot in the prestigious GRA, Ikeja. • Includes a functional conference hall, offering versatile business opportunities. • Property features a Deed of Assignment title, ensuring clear ownership. • Located in a prime commercial and residential area with high visibility. • Ample space for potential expansion or additional amenities. • Operational status indicates immediate revenue-generating potential. • Proximity to major business districts and transport links in Lagos.

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