Key details

Address

Along Ikola Road

Condition

Fairly Used

Furnishing

Furnished

Property Type

Hotel

Square meters

900 sqm

Parking Spaces

10+

Prime Hotel & Lounge for Sale, Ikola Road Ipaja Lagos Highlights

• Prime Location — Properties along Ikola Road in Ipaja, Lagos, benefit from significant accessibility and visibility. This area is a well-established commercial and residential hub, attracting a steady flow of local traffic and potential customers.
• Ample Parking — A generous parking capacity is crucial for hospitality businesses, ensuring convenience for guests and staff. This feature can accommodate a substantial number of vehicles, enhancing the overall customer experience.
• Hotel Layout — Hotels typically feature a functional layout designed for guest accommodation and services. This often includes rooms, common areas, reception, and potentially dining or lounge spaces, optimized for operational efficiency.
• Furnished Interior — A furnished property comes equipped with essential furniture and fixtures. This can significantly reduce the initial setup costs and time for a new owner, allowing for quicker operational readiness.
• Established Infrastructure — Properties in developed areas like Ipaja often have access to essential utilities such as reliable water supply and electricity. Proximity to infrastructure supports smooth business operations.
• Potential for Renovation — A 'fairly used' condition suggests that while the property is functional, there may be opportunities for modernization or upgrades. This allows for customization to meet specific business needs or current market trends.

Description

• Prime commercial property on a full plot along Ikola Road, Ipaja, Lagos, ideal for investment. • Features 11 standard hotel rooms with smart locks, air conditioning, and well-equipped facilities. • Includes a swimming pool, bar area with 3 snooker boards, and car wash space. • Offers 10 open kitchen spaces suitable for food vendors, a music/DJ stand, and a spacious compound. • Located on a tarred commercial road with excellent visibility and high commercial potential. • Documentation includes receipt, survey plan, deed of assignment, and allocation. • Property is furnished and in fairly used condition, with 900 sqm area and 10+ parking spaces.

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