Hotel for Lease - 21 Rooms, Bar, Event Space

Hotel for Lease - 21 Rooms, Bar, Event Space - 1
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Details

Address
Along Orisunbare Shasha Ejigbo Rd, Lagos
Condition
Old
Furnishing
Semi-Furnished
Listing by
Agent
Property Type
Hotel
Square meters
1,200 sqm
Parking Spaces
10+

Hotel for Lease - 21 Rooms, Bar, Event Space Highlights

  • Prime Location Accessibility: Properties along major roads like Orisunbare Shasha Ejigbo Road often benefit from high visibility and easy access for customers and deliveries. This area is typically a hub for commercial activity.
  • Ample Parking Facilities: A significant number of parking spaces, such as 10+, is crucial for hospitality businesses. It ensures convenience for guests and staff, accommodating vehicles during peak times.
  • Generous Interior Space: With 1200 square meters, this property offers substantial room for various hotel functions. This includes guest rooms, common areas, dining facilities, and potentially event spaces.
  • Semi-Furnished Convenience: A semi-furnished property means essential fixtures and some furniture are already in place. This can significantly reduce the initial setup costs and time for a new operator.
  • Established Commercial Area: Ejigbo Road is known as a busy commercial corridor in Lagos. Operating a hotel here means tapping into an existing flow of business travelers and local visitors.

Description

• 21-room hotel with an integrated bar and ample space suitable for events. • Prime location directly facing the main road along Orisunbare Shasha Ejigbo Road, Lagos, offering high visibility. • Property includes a bar area and significant space for event hosting. • Lease terms: NGN 6,000,000 per year for a minimum of 5 years. • Approximately 1200 sqm of space with parking for 10+ vehicles. • Semi-furnished condition, suitable for immediate operation or customization.

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ConditionOldFairly UsedFairly Used
Property TypeHotelHallOffice Space
FurnishingSemi-FurnishedFurnishedUnfurnished
AddressAlong Orisunbare Shasha Ejigbo Rd, LagosKaruOke ado along oke bola Ibadan
Listing byAgentAgent—
Square meters1,200 sqm150 sqm225 sqm
Parking Spaces10+105
Price₦ 6,000,000₦ 7,500,000₦ 4,500,000