Key details

Address

Ajose Adeogun Street, Victoria Island, Lagos

Capacity

42

Condition

Old

Furnishing

Unfurnished

Listing by

Agent

Property Type

Hotel

Square meters

2,784 sqm

Prime 42-Bedroom Commercial Property for Lease, Victoria Island Highlights

• Prime Commercial Location — Located in Victoria Island, Lagos, this area is a prominent business and commercial hub. It offers excellent accessibility and visibility for businesses.
• Expansive Property Size — Spanning 2784 square meters, this property provides a substantial footprint for various commercial operations. The large area allows for extensive development or utilization.
• Hotel Property Type — Designed as a hotel, the layout typically includes numerous rooms, common areas, and potentially amenities for guests. This structure is adaptable for hospitality services.
• Significant Room Capacity — With 42 rooms, this property offers a high capacity suitable for large-scale operations. This makes it ideal for businesses requiring extensive accommodation or service spaces.
• Unfurnished for Customization — The property is offered unfurnished, providing a blank canvas for tenants to customize the interior to their specific business needs and branding.
• Older Construction — Properties of this age may require updates or renovations to meet modern standards. Assess the existing infrastructure for suitability and potential upgrade costs.

Description

• Prime commercial property strategically located in the heart of Victoria Island, Lagos, offering excellent visibility and accessibility. • Set on approximately 2,784 sqm, featuring 42 spacious en-suite bedrooms, ideal for hospitality, corporate, or healthcare operations. • Offers substantial space for a wide range of high-value commercial uses. • Minimum upfront payment of 3 years required. • Lease term options of 5-10 years available. • Agency fee: 10%, Legal fee: 10%.

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